Update on LidaThis is Lida. She previously accessed a 50,000 PHP loan that she used to purchase more quantities and varieties of grocery items and products needed in her business. Her earnings were a big help for her children’s education and in their personal, household and business expenditures.
She would like to apply for another 50,000 PHP loan to buy groceries, toiletries, beverages and other products to add to her inventory. The more items displayed at the store the better. More items to sell will result in better profit. Her profits from the business will definitely help sustain her family’s daily needs and children’s education expenses. She looks forward to this financial increase with gladness and thankfulness in her heart.
Lida dreams to be successful in life and in business. She meets with her co-fellowship* members to share stories of her work every week and where she can also 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 comprises 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 Lida, age 49, who is a resident of Caloocan, Philippines. She is married to Jimmy, a warehouseman, and is a mother to her children. She and her husband manage their own household while operating a business. At this time, she is working hard to continually provide income for their everyday... More from Lida's previous loan »
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
1399View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 7 months (Additional Information)
- Repayment Schedule
- Aug 15, 2013
- Sep 9, 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.