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Teresita is a 47-year-old resident of Silang, Cavite, Philippines. She is married to Domingo, a porter, and is a mother to her children. She and her husband work hard to provide income for their everyday expenses, as they also manage their household.

Teresita buys and sells charcoal. She buys large quantities of charcoal and then sells them per plastic or per sack. She also has a food stall. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 550 PHP in sales every day. To help her continue the operation of her business, she is requesting a loan for 22,000 PHP. She will be using the loan to buy more charcoal as well as different ingredients for her food stall. She expects a boost in her business income as she expands.

Teresita hopes to expand her business and dreams of having a better life. She faithfully meets up with her co-fellowship members to share stories of her life and business every week and to draw strength and inspiration from fellowship and the Word of God that she 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, to build social capital, and repay microfinance 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
  • 673
    View loans »
    Philippines Loans Fundraising
  • $63,147,100
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Teresita to buy more charcoal and different ingredients for her food stall.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Jan 15, 2013
Currency Exchange Loss:
Jul 17, 2013