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Salve
This is Salve, 37, a resident of Cabrera, Pasay, Philippines. She’s married to Solomon, a messenger, and a mother to her children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.

Salve is a rice dealer. She earns by getting supplies at wholesale prices and selling by the sack or by the kilo. Her store is located adjacent to her house. She also sells frozen foods, fruits and vegetables. Her regular customers are her neighbors and the local community. She earns a minimum of Php 1,800 in sales every day.

To help her continue operations of her business, she is requesting a Php 25,000 loan. She will be utilizing the loan to buy additional stocks of rice for her business.

Salve hopes that her business will expand and dreams that her children will finish their studies and have good jobs. She meets up with her co-fellowship* members to share stories of her life and business 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 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.

Additional Information

About the Center for Community Transformation

The 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.

About Philippines

  • $7,000
    Average annual income
  • 1642
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Salve to pay for more sacks of rice for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014