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Norma
This is Norma, 42, resident of Payatas, Philippines. She is married to Jonald, a driver and they have children. She, with the help of her husband, manages their household while operating the business. At this time, she is working hard to continually earn income for her everyday expenses.

Norma operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals during evenings where all of the family members are at home to take part of the meal. This is not only a usual family tradition but a matter of convenience and frugal living. It is considered a waste of money and time to spend cooking gas and food for one to two persons when buying cooked rice and viands cost less than raw food. She also has a direct selling business. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP in sales every day.

To help her continue operations of her business, she is requesting a 20,000 PHP loan. She will be utilizing the loan to buy more quantities of products like meat, rice, vegetables, condiments and seasonings, and frozen food products. She expects a boost in her business income as she expands her business.

Norma dreams to expand her business and hopes that her children will finish their studies. She meets up with her co-fellowship members to share stories of her work every week and where she 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.

Additional Information

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 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

  • $1175
    Average annual income
  • 339
    View loans »
    Philippines Loans Fundraising
  • $52,130,550
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Norma to purchase raw ingredients like rice, pork, chicken, vegetables and other products needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013