Update on MelindaThis is Melinda. She previously accessed an 8,000 PHP loan that she used to buy more 'piaya'. Her earnings were a big help for the education of her children and in their personal, household and business expenditures.
She would now like to apply for a 20,000 PHP loan to buy more' piaya', a flat unleavened bread filled with muscovado sugar. Her profits from the business will definitely help her to cover her family's daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Melinda hopes to have more customers and that her family won't get sick. She meets with her co-fellowship members to share stories of her life and business every week and draw strength and inspiration from her studies of the Word of God.
*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 microfinance loans.
Previous Loan DetailsThis is Melinda, 51. She is a resident of Dasmariñas, Cavite, Philippines. She is married to Samuel, her business partner and the father of her children. She, with help from her husband and children, manages her own household while operating the business. She works hard to continually provide inc... More from Melinda'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
272View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Jul 25, 2013
- Aug 19, 2013
- Currency Exchange Loss:
- Feb 19, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.