Update on RemelitaRemelita previously accessed a 15,000 PHP loan that she used to purchase merchandise items and products needed in her business. Her earnings were big for her children’s education and in their personal, household and business expenditures.
She would like to apply for another 15,000 PHP loan to buy additional supplies and merchandise products like clothing, footwear, undergarments and cosmetics needed in her business. The more items she has on display and available on hand the better. More items to sell will result in better profit. Her profits from business will definitely help her to sustain her children’s education and daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Remelita dreams to give her children a good education and a good life. She hopes that her business will continue to grow and expand. She faithfully meets up with her co-fellowship* members to share stories of her life and business every week. She also draws strength and inspiration from the fellowship and from the Word of God.
*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 loans.
Previous Loan DetailsThis is Remelita, 34, a resident of Manila in the Philippines. She is married to Marco, a driver, and a mother to her children. She, together with her husband, manages their household while operating the business. She works hard to continually provide income for her everyday expenses. Remelit... More from Remelita's previous loan »
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.
Concurrent and Successive Loans
1197View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Jan 28, 2013
- Feb 15, 2013
- Currency Exchange Loss:
- Aug 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.