Fe operates a food stall. In the Philippines, the working community and most families only eat home-cooked meals during the evenings, when all the family members are at home to take part in the meal. This is not only a family tradition, but a matter of convenience and frugal living. It is considered a waste of money and time to use cooking gas and food for one to two persons, when buying cooked rice and meats costs less than raw food. Fe's regular customers are her neighbors and the local community. She earns a minimum of Php500 in sales everyday.
To help her continue the operation of her business, Fe is requesting a Php10,000 loan. She will be utilizing the loan to buy more meats, rice, vegetables, condiments, seasonings, and frozen food products. She expects a boost in her income as she expands her business.
Fe dreams to expand her business and to have a variety store. She hopes to have a good life. She faithfully meets up with her co-fellowship members to share stories of her work every week and to draw strength and inspiration from the Word of God 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.
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 TransformationThe 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.
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Success!! The loan was 100% repaid