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Andrica
This is Andrica, a 53-year-old resident of Batasan, Philippines. She is a widow and a mother to her children. She manages her own household along with her children while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Andrica operates a retail business. What she basically does is buy peanut butter in large quantities then sells smaller units at a profit. Peanut butter is repacked in 250 and 500 grams plastic bottles. She also has an apartment for rent. She earns a minimum of 300 Philippine Pesos (PHP) in sales every day.

To help her continue the operation of her business, she is requesting a PHP 15,000 loan. She will be utilizing the loan to buy additional stock of peanut butter.

Andrica dreams that her business will continue to flourish and hopes that her youngest will finish his studies. She meets up with her co-fellowship* members to share stories of her life and business every week. There 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

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
  • 1504
    View loans »
    Philippines Loans Fundraising
  • $59,099,150
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Andrica to pay for more peanut butter needed in her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2013
Listed
May 10, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013