Rebecca operates a food stall. She sells snacks like banana cue and kamote cue. Banana cue is a popular snack food in the Philippines of deep fried bananas coated in caramelized brown sugar. Banana cue is made from Saba bananas. Kamote cue is made from sweet potato. It is coated with brown sugar and then fried to cook the potatoes and caramelize the sugar. It is usually skewered on a bamboo stick, and is sold on the streets. 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 the operations of her business, she is requesting a loan of PHP 10,000. She will be utilizing the loan to buy bananas, sweet potatoes, sugar, oil, and gas.
Rebecca hopes that her business will expand soon and dreams of having a good life. She meets up with her co-fellowship members to share stories of her work every week and where she also draws strength and inspiration from the Word of God that 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.
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