Update on MiriamThis is Miriam. She previously accessed an 10,000 PHP loan that she used to purchase merchandise items and products needed in her business. Her earnings were a big addition for her children’s education and in their personal, household and business expenditures. She also has a variety store for additional income.
She would like to apply for another 12,000 PHP loan to buy more merchandise items and products to increase her product inventory. The more items she has on display and available on hand, the better. More items to sell will result in better profit. Her profits from the business will definitely help her to sustain her children’s education and daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Miriam dreams to have other sources of income and hopes that her children will finish their studies. She meets up with her co-fellowship* members to share stories of her life and business every week and it is where she can also draw strength and inspiration from the fellowship and 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 pay Micro Finance loans.
Previous Loan DetailsThis is Miriam, 35, resident of Silang, Cavite, Philippines. She is a widow with two children, both in elementary school. She manages her household while operating the business. She works hard to provide income for their everyday needs. Miriam maintains a direct selling business. She sells clo... More from Miriam'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