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Rollan
This is Rollan, 54, resident of Silang, Cavite, Philippines. He is married to Shirly, a housewife and a mother to his child. He, together with his wife, manages their household while operating the business. At this time, he is working hard to continually provide income for his family’s everyday expenses.

Rollan operates a bookstore. His love for books brought him to make it a business. He has been in this business for four years now. His store is located adjacent to his house. His regular customers are his neighbors and the local community. He earns a minimum of PHP 400 (Philippine pesos) in sales every day.

To help him continue the operations of his business, he is requesting a PHP 10,000 loan. He will be utilizing the loan to buy more books to expand his product inventory.

Rollan dreams to maintain his business and hopes to have more businesses for other sources of income. Every week, he meets up with his co-fellowship* members to share stories of his life and business and draw strength and inspiration from the Word of God he studies.

* All Center for Community Transformation Credit Cooperative (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 microfinance loans.

Additional Information

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 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
  • 1261
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rollan to pay for more books needed in his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013