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Joy
Joy, 32 years old, is a resident of Silang, Cavite, Philippines. She is married to Walden, a driver and a mother to their child. She and her husband manage their household while operating the business. She is working hard to continually provide income for their everyday expenses.

Joy operates a variety store. In the Philippines, a variety store is a retail store that sells inexpensive items, often with a single price for all items in the store. It is the place to go to buy one sachet of shampoo, a Php5-worth of cooking oil, or an egg. She earns income by buying supplies at wholesale prices and selling items individually. Her regular customers are her neighbors and the local community. She earns a minimum of Php500 in sales every day.

She is requesting a Php 12,000 loan to help her continue in the operation of her business. She will use the loan to buy groceries, toiletries and beverages to expand her product inventory. She expects an expansion in her business income as she enlarges her business.

Joy hopes her variety store will go a long way and dreams to give her child a good education. She faithfully meets up with her co-fellowship* members to share stories of her life and business every week and to also draw strength and inspiration from the fellowship and 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 repay microfinance 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
  • 1331
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Joy to buy grocery items, toiletries and beverages to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013