Thelma operates a repacking business. She buys products from wholesalers, repacks them, and sells them at a profit. She also sews. Her regular customers are neighbors and the local community. She earns a minimum of 500 PHP in sales every day.
To help her continue operating her business, Thelma is requesting a 12,000 PHP loan. She will use the loan to buy products like garlic, pepper, laurel, and candies. She expects a boost in her business income as she expands her business.
Thelma dreams that her business will get bigger, and she hopes to give her children a good life and education. Every week, she meets up with her co-fellowship members to share stories of her life and business and to draw strength and inspiration from studying 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 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