Josefa operates a furniture-making business. They make different kinds of furniture, like tables, sofas and cabinets, made of bamboo. Customers are sure of the quality of the bamboo set, and it is not too pricey. This product is in demand, especially in provinces. She earns a minimum of 5,000 Philippine Pesos (PHP) in sales, every week.
To help her continue operating her business, she is requesting a PHP 14,000 loan. She will use the loan to buy materials she needs for making furniture, like bamboo, varnish, nails and tools.
Josefa dreams of maintaining the success of their business, and hopes to have a happy family. She meets with her co-fellowship members* every week, to share stories of her life and business and to 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 Micro Finance loans.
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 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.
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Success!! The loan was 100% repaid