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Mario
This is Mario, 33, a resident of Silang, Cavite, Philippines. Single, he manages his household while operating a business. At this time, he is working hard to continually provide income for his everyday expenses and help his parents financially.

Mario operates a salon business. He offers hair styling, hair grooming and services of the like. He also offers hair straightening. His regular customers are his neighbors and the local community. His salon is located adjacent to his house. His regular customers are his neighbors and the local community. He earns a minimum of 500 PHP in sales every day.

To help him continue the operations of his business, he is requesting a 30,000 PHP loan that he will use to buy beauty products and hair products like shampoo, hair treatment creams and oils, and other things needed for his business. He expects a boost in his income as he expands his business.

Mario hopes to renovate his parlor and dreams of having a good life. He faithfully meets up with his co-fellowship* members to share stories of his work every week and draw strength and inspiration from the Word of God he studies.

* 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
  • 1492
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Mario to buy beauty products and hair products for his salon.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Jan 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013