Dante oversees the operation of their Jeepney transportation business. They have one unit of Jeepney that carries up to 16 passengers to their destinations within the community. Dante and Aurcinia earn from the boundary payment (a fixed-amount, daily), which their driver remits every day. Their regular passengers and customers are from the local community. They earn a minimum of 1,000 Philippine Pesos (PHP) in boundary every day.
To help him continue operations of his business, Dante is requesting a PHP 10,000 loan. He will use the loan for the maintenance of his Jeepney unit. He expects a boost in his business income as he expands his business. Dante hopes to have more Jeepneys and dreams of being more successful in life, by the grace of God. He meets with his co-fellowship members* every week, to share stories of his life and business and to draw strength and inspiration from the Word of God he 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