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Maxima
This is Maxima, 47, a resident of Dasmariñas, Cavite, Philippines. She is a mother to her children. She manages her household with the help of her children while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Maxima operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals during evenings when all of the family members are at home to take part in the meal. This is not only a usual family tradition, but a matter of convenience and frugal living. It is considered a waste of money and time to spend cooking gas and food for one to two people when buying cooked rice and viands (meals) costs less than raw food. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP (Philippines pesos) in sales every day.

To help her continue operations of her business, she is requesting a 10,000 PHP loan. She will be utilizing the loan to buy more quantities of products like meats, rice, vegetables, condiments and seasonings. She expects a boost in her business income as she expands her business.

Maxima hopes that her business will continue to grow. She meets up with her co-fellowship members to share stories of her work every week and draw strength and inspiration from 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 pay microfinance 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
  • 1455
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Maxima to pay for raw ingredients like rice, pork, chicken, vegetables and products needed in her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013