Update on RosalindaThis is Rosalinda. She previously accessed a PHP 10,000 loan that she used to purchase merchandise items and products needed in her business. Her earnings were a big help in her personal, household, and business expenditures.
She would like to apply for another loan in the amount of PHP 40,000 to buy more merchandise items and products, to increase her product inventory. The more items displayed at the store, the better. More items to sell will result in greater 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.
Rosalinda dreams of a continuous expansion of her business. Every week, she meets up with her co-fellowship members to share stories of her work and to draw strength and inspiration from the Word of God she studies.
* All Center for Community Transformation (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.
Previous Loan DetailsThis is Rosalinda, 56, resident of Pasay City, Philippines. Single, she manages her own household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses. Rosalinda maintains a direct selling business. She sells clothing, footwear... More from Rosalinda's previous loan »
More information about this 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
1299View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 7 months (Additional Information)
- Repayment Schedule
- Apr 4, 2013
- May 6, 2013
- Currency Exchange Loss:
- Oct 20, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.