Jessamin operates a vegetable growing farm. He grows vegetables and some bananas on their farm. The farm is located in Cavite, in the highlands suited to grow vegetables and other fruits. He regularly sells his product to a market, and to the local community. He earns a minimum of PHP 1,000 in sales every week.
To help him continue the operations of his business, he is requesting a PHP 50,000 loan. He will use the loan to buy fertilizer and farm inputs for his business. Part of the loan will go to the maintenance of the farm.
Jessamin hopes that his business will continue to grow. He meets up with his co-fellowship members to share stories of his work every week; he can also draw strength and inspiration from the Word of God he 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.
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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