Update on NildaNilda's last loan was a big help to her business. She was able to buy the needed products for her store, and her store is continuously expanding and growing. As a single woman, she is working hard to provide for her everyday needs. She is also helping her family financially.
She would like to apply for another 51,000 PHP loan to buy raw ingredients, grocery items, fish, pork, and other products needed in her business. The more items displayed at the store, the better. More items to sell will result in greater profit. Her profits from the business will definitely help her to sustain her daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Nilda dreams that her business will continue to grow and hopes to have a better life. She meets with her co-fellowship members* weekly to share stories of her work and to 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 pay micro finance loans.
Previous Loan DetailsThis is Nilda. She previously accessed an 30,000 PHP loan that she used buy of products like meat, rice, vegetables, condiments, and seasonings. Her earnings were a big help in her personal, house hold and business expenditures. She would like to apply for another 51,000 PHP loan to purchase ... More from Nilda'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.
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Success!! The loan was 100% repaid