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Lolita
This is Lolita, 47, resident of Bacoor, Cavite, Philippines. She is married to Camilo and is a mother to her children. At this time, she and her husband are working hard to be able to send her children to school. Like most Filipino parents, Lolita believes that a college diploma is the best inheritance parents could leave to their children.

Lolita operates a hardware store. They have a commercial space that they rent for the store. She earns a minimum of 500 PHP in profits every day.

To help her continue the operation of her business, she is requesting a 10,000 PHP loan. She will be utilizing the loan to buy hardware like keys, locks, handles, wire and other tools needed for her business. She expects a boost in her business income as she expands her business.

Lolita hopes that her business will continue to grow and she dreams that all of her children will finish their studies. She meets up with her co-fellowship members to share stories of her life and business every week, and it is there where she finds 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

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
  • 1423
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lolita to pay for hardware like keys, locks, handles, wire and other tools needed for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013