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Mercedes
This is Mercedes, 46, and a resident of Dasmariñas, Cavite, Philippines. She is married to Neptalie, and a mother to their children. She and her husband manage their own household. At this time, she is working hard to continually provide income for their everyday expenses.

Mercedes oversees their tricycle transportation business. They have one tricycle that carries up to four passengers to their destination within the community. The tricycle driver then remits a boundary (daily quota) each day to her. In her business the regular customers are the local community. She earns a minimum of Php 500 every day.

To help her continue operations of her business, she is requesting a Php 20,000 loan. She will be utilizing the loan to buy spare parts, accessories and also for the maintenance of their motorcycle. She expects a boost in her business income as she expands her business.

Mercedes dreams of being able to give her family a good life and hopes to give her children and grandchildren a good and quality education through all her hard work in her business. 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.



* 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 pay 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
  • 1448
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mercedes to pay for spare parts and maintenance to their tricycle (motorcycle).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013