Gilbert is a coconut vendor. Most Coconuts in the Philippines are sold by street vendors pushing wooden deep carts. The coconuts are served with one end cut and a straw in it to serve as the container itself or also, coconuts can be offered where the juice and flesh are served in a plastic bag with a straw. His regular customers are those who are thirsty and those who want to refresh themselves from the heat of the sun. He earns a minimum of PHP 850 per day.
To help him continue operations, he is requesting a PHP 50,000 loan. He will be utilizing the loan to buy tires for his cart, wood, coconuts, nails, paint, and a cooling container.
Gilbert dreams that his business will continue to grow and hopes to have a good life. He meets up with his co-fellowship members to share stories of his work every week.*
* 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.
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.
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Success!! The loan was 100% repaid