Update on LuzvimindaLuzviminda is thankful for the financial assistance extended to her, as she was able to buy more products for her variety store. Her income from the loan assisted their everyday expenses at home. She has this business for eight years now. She and her husband are working hard to provide for their expenses.
She would like to apply for another PHP 35,000 loan to buy groceries, toiletries, beverages, and other products to add in her inventory. The more items displayed at the store, the better. More items to sell will result in better profit. Her profits from business will definitely help sustain her family’s daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Luzviminda dreams to be more successful and have more customers. She meets up with her co-fellowship* members to share stories of their work every week, and it is where she can 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 their micro-finance loans.
Previous Loan DetailsThis is Luzviminda. She previously accessed a 16,000 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 in her personal, household and business expenditures. She would like to apply for another 30,0... More from Luzviminda'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