Update on RodemaRodema is very thankful for the financial assistance extended to her. She used her loan in buying spare parts for her tricycle. Her income from the loan helped in the education of her children and in their everyday household expenditures.
She would like to apply for another 25,000 PHP loan to buy spare parts and for the maintenance of their tricycle. Her profits from her business will definitely help her to cover their daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Rodema hopes to have more tricycles and dreams that her children will finish their studies. 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 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.
Previous Loan DetailsThis is Rodema, who has previously taken out and repaid a loan for PHP 20,000 which she used to buy spare parts and accessories and for the maintenance of her vehicle. The earnings this loan generated helped her meet her personal, household and business expenditures. She is requesting a new loan,... More from Rodema'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