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Socorro
Socorro is 49 years old and lives in Malibay, Pasay City, Philippines. She is married to Abraham who works as a construction worker and they have five children whom God blessed them with. She and her husband are working hard to provide for their everyday needs.
Socorro sells bags. This kind of bag is used when you are shopping. It's a big bag where you can put all the items you bought. You can use it several times since it is substantial. This bag is available with different designs that you can choose from and is made of recycled sacks. Aside from selling bags, she also has a variety store and a direct selling business.
Sororro is requesting PHP 15,000 to buy more used sacks. She will also use it to buy grocery items needed in her variety store.
She hopes to expand her business and dreams of giving her children a good and quality education. She meets up with her co-fellowship* members to share stories of her work every week and where she can also 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 Micro Finance 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

  • $1175
    Average annual income
  • 300
    View loans »
    Philippines Loans Fundraising
  • $52,061,525
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Socorro to pay for more used sacks and grocery items needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013