Marilyn operates an accessories retail business selling beaded jewelry such as necklaces. Her regular customers are students and mall patrons attracted by her low selling prices and the many choices she offers. She earns a minimum of 500 Philippine Pesos (PHP) in sales everyday.
To help her continue operations of her business, Marilyn is requesting a Php 25,000 loan to buy more quantities and varieties of accessory products to expand her inventory.
Marilyn hopes to expand her business and dreams of having a good life. 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 consisting of 15 to 30 community partners who meet on a weekly basis 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