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Rosie
This is Rosie, 62, a resident of Dasmariñas, Cavite, Philippines. She is married to Salvador, and mother to her children. Together with her husband, she manages their household while operating a business. She is working hard to continually provide income for their everyday expenses.

Rosie operates a rug-making business. She mainly offers rugs, from round, palm-sized ones, to the much larger doormats, and other crafts that most rug-makers come up with every day. As rugs are a major part of Filipino housekeeping and cleaning, rugs are one of the most common products that can be bought, sometimes even from a peddler while you are riding in a speeding jeepney down the highway. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 500 in sales, every day.

To help her continue operating her business, she is requesting a PHP 10,000 loan. She will use the loan to buy a greater quantity of raw materials, like fabric, thread, and other materials for rug-making. She expects a boost in her business income as she expands her business.

Rosie hopes to increase production and expand her business. She dreams of helping her grandchildren with their studies. She faithfully meets with her co-fellowship members* every week, to share stories of her work and to 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

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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
  • 1239
    View loans »
    Philippines Loans Fundraising
  • $57,812,500
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rosie to pay for fabric, cloth, thread and other materials needed by her for rug-making.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013