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Adelaida
This is Adelaida, 54, a resident of GMA, Cavite, Philippines. She is a widow and a mother to her children. She manages the household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Adelaida operates a rug-making business. She mainly offers rugs, including those round palm-sized ones and the much larger doormats and other crafts that most rug-makers come up with every day. As rugs are a major part of Filipino housekeeping and cleaning, rugs are one of the most common products that can be bought, sometimes even from a peddler while you are riding in a speeding jeepney down the highway. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP (Philippines pesos) in sales every day.

To help her continue operations of her business, she is requesting a 30,000 PHP loan. She will be utilizing the loan to buy more quantities of raw materials like fabric, thread and other materials for her business.

Adelaida dreams for a continuous success in her business and hopes to have more customers. She meets up with her co-fellowship members to share stories of her life and business every week, and this is where 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 microfinance 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
  • 1501
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Adelaida to pay for fabric, cloth, thread and other materials needed in her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013