Update on PaulaThis is Paula. She previously received an 11,000 PHP loan that she used to purchase more quantities and varieties of grocery items, toiletries, and beverages needed in her business. Her earnings were a big help in her personal, household, and business expenditures.
She would like to apply for another 11,000 PHP loan to buy groceries, toiletries, beverages, and other products to add to her current inventory. The more items displayed at the store the better. More items to sell will result in better profit. Her profits from the business will definitely help her to sustain her daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Paula hopes that her business will be bigger and more profitable. She meets up with her co-fellowship* members to share stories of her life and business 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 repay Microfinance loans.
Previous Loan DetailsThis is Paula, 59, a resident of Taguig, Philippines. She is married to George, an aircon technician and a mother to her children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyd... More from Paula's previous loan »
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.
Concurrent and Successive Loans
1517View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Mar 22, 2013
- Apr 14, 2013
- Currency Exchange Loss:
- Oct 20, 2013