Check out some available loans that are similar to this one!
This is Yolanda, 39 years old and a resident of Batasan, Philippines. She is married to Marlon, a businessman and they have children. She and her husband manage their household while operating the business. She is working hard to continually provide income for their everyday expenses.

Yolanda operates a variety store. In the Philippines, a variety store is a retail store that sells inexpensive items, often with a single price for all items in the store. It is the place to go to buy one sachet of shampoo, a Php 5-worth of cooking oil, or an egg. She earns an income by getting supplies at wholesale prices and selling them at retail. Her regular customers are her neighbors and the local community. She earns a minimum of Php 500 in sales every day.

She is requesting a Php 50,000 loan to help her continue the operation of her business. She will use the loan to buy groceries, toiletries and beverages to expand her product inventory.

Yolanda hopes to expand her business and have more sources of income. She dreams to give her children a good and quality education. She meets up with her co-fellowship* members to share stories of her life and business every week and where she can also draw strength and inspiration from the fellowship and the Word of God 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 repay Micro Finance 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
  • 756
    View loans »
    Philippines Loans Fundraising
  • $63,325,000
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Yolanda to pay for grocery items, toiletries and beverages needed in her variety store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Feb 15, 2013
Feb 28, 2013
Currency Exchange Loss:
Jun 17, 2013