Update on Ma. DoloresThis is Ma. Dolores. She previously accessed a PHP 10,000 loan that she used to purchase more quantities and varieties of grocery items, toiletries, and beverages needed in her business. Her earnings were a big help in her personal, household, and business expenditures.
She would like to apply for another loan, in the amount of PHP 20,000, to buy groceries, toiletries, beverages, and other products to add to her current inventory. The more items displayed at the store, the better. More items to sell should result in greater profit. Ma. Dolores' profits from business will definitely help her to sustain her daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Ma. Dolores dreams that her business will continue to expand and she hopes to have a better life. Every week, she meets up with her co-fellowship* members to share stories of her life and business and draw strength and inspiration from the fellowship and the Word of God she studies.
* All Center for Community Transformation (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 microfinance loans.
Previous Loan DetailsThis is Ma. Dolores, 40, resident of Dasmariñas, Cavite, Philippines. She is still single and she works hard to provide for her everyday expenses. Ma. Dolores operates a variety store. In the Philippines, a variety store is a retail store that sells inexpensive items, often with a single price... More from Ma. Dolores'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