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Rizalyn
This is Rizalyn, 39, resident of Cabrera, Pasay, Philippines. She is married to Alberto, a side car boy, and is the mother to one child. She together with her husband manage their household while operating the business. She works hard to provide income for their everyday expenses.

Rizalyn operates the buy and sell business of her family. What she basically does is buy general merchandise from wholesalers, and sells them for a little profit. Her products are women’s clothes and other products. Customers are attracted to buy due to the low prices and the many options she offers. Her regular customers are her neighbors and the local community. She earns a minimum of 300 Philippine Pesos (PHP) in sales every day.

To help her continue operations of her business, she is requesting a 25,000 PHP loan. She will be utilizing the loan to buy ready to wear (RTW) products and merchandise items like women’s clothing to expand her product inventory.

Rizalyn hopes to become a successful business woman and dreams to give her child a good future. She meets up with her co-fellowship* members to share stories of her life and business every week and 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 repay 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
  • 329
    View loans »
    Philippines Loans Fundraising
  • $52,207,900
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Rizalyn to pay for ready to wear products mostly children's wear needed in her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Jul 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014