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Loryn
This is Loryn, 29, a resident of Dasmariñas, Cavite, Philippines. She is married to Marvin and a mother to her children. She and her husband manage their household while operating a variety store business. Loryn works hard to continually provide income for her family's everyday expenses.

In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, cooking oil, or an egg. She earns money by getting supplies at wholesale prices and selling by the piece. Her regular customers are her neighbors in the local community. She earns a minimum of Php500 in sales every day.

To help her continue operating her business, she is requesting a Php20,000 loan to buy groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.

Loryn dreams to own her own house and hopes to prvide a good life for her family. She faithfully meets up with her co-fellowship* members to share stories of her work every week, and where she can also draw strength and inspiration from the Word of God she studies.
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* All CCT community partners / clients are organized into fellowship groups that meet on a weekly basis. A fellowship group is composed of 15 to 30 community partners. The fellowship groups gather each week to study the Word of God, build social capital, and repay Micro Finance loans.

Additional Information

About the Center for Community Transformation

The Center for Community Transformation (CCT) is dedicated to the development of communities and lives via spiritual transformation and access to financial services. CCT offers loan products to address the needs of micro-entrepreneurs in the Philippines. The organization’s loan products include small business, education, and housing loans. CCT utilizes a community-based approach to provide a variety of non-financial services that include training and development programs, clinics, disaster relief operations, a low-cost medicine program, and social service programs. CCT offers a unique “Pavement Dweller” program designed to provide food, housing, and job training. CCT also provides education support services to the poorest groups in the Philippines. Find more information about CCT on their website or join their lending team.

About Philippines

  • $7,000
    Average annual income
  • 1468
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Loryn to buy groceries, toiletries and beverages to expand her product inventory.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013