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Nimfa
Nimfa is a 58-year-old resident of Payatas, Philippines. She is a widow and mother to her children. She manages their household while operating the business together with her children. At this time, she is working hard to continually provide income for their everyday expenses.

Nimfa operates a rug-making business. She mainly offers rugs, from round palm-sized ones to much larger doormats, as well as 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 down the highway in a speeding jeepney. 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 operation of her business, she is requesting a PHP 12,000 loan. She will be utilizing the loan to buy more quantities of raw materials like fabric, thread and other materials for her business. She expects a boost in her business income as she expands her business.

Nimfa dreams that her business will grow even more and hopes to have a happy and good life. She faithfully meets up with her co-fellowship* members every week, where she can share stories of her work and also draw strength and inspiration from the Word of God as 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 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
  • 1395
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Nimfa to pay for fabric, cloth, thread and other materials needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013