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Mylene
This is Mylene, 36, a resident of Caloocan 5, Philippines. She is married to Leo, an employee. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Mylene operates a food stall. In the Philippines, the whole working community and most of the families, only eat home-cooked meals during evenings when all of the family members are at home to take part in the meal. This is not only a usual family tradition but also 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 and a laundry shop. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 500 in sales every day.

To help her continue operations of her business, she is requesting a PHP 45,000 loan. She will be using the loan to buy more quantities of products like meats, rice, vegetables, condiments, seasonings, and frozen food products.

Mylene hopes to expand her business and dreams of having a good life. She meets up with her co-fellowship members to share stories of her work every week and 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

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
  • 1402
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Mylene to pay for raw ingredients like rice, pork, chicken and vegetables needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 26, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013