Update on EleanoraThis is Eleanora. Her previous loan was a big help in her business, as she was able to buy more t-shirts. She also sells different silver accessories and sweet goods. Her business income helped her to send her children to school and to pay for everyday expenses. She and her husband are working hard to provide for their everyday needs.
She would like to apply for another 50,000 PHP loan to buy more t-shirts (white and colored), and silkscreen. She will also use the money to buy ingredients for her sweet products. Her profits will definitely help her to sustain her daily needs and to pay for the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.
Eleanora hopes that her business will be more successful and she dreams that her children will finish their studies. She meets up with her co-fellowship* members every week to share stories of her life and business, and to 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, to build social capital, and to pay microfinance loans.
Previous Loan DetailsThis is Eleanora. She previously accessed an 10,000 PHP loan that she used to purchase quantities of raw materials like fabric, thread and other materials needed in her business. Her earnings were a big help in her personal, household and business expenditures as well as in the education of her c... More from Eleanora's previous loan »
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.
Concurrent and Successive Loans
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Success!! The loan was 100% repaid