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Update on Gleceria

Gleceria earns an income by operating a direct sales business. She previously accessed a loan in the amount of PhP 19,000, which she used to purchase merchandise items needed in her business. Her earnings improved a good deal, allowing her to provide for her child’s education and to support the family's personal, household, and business expenditures.

She would now like to apply for another PhP 19,000 loan in order to buy more merchandise items and new products to increase her product inventory. She believes that the more items she has on display and available on hand, the better. Having more items to sell will result in a better profit. The increased profits from her business will help her significantly in sustaining her child’s education and meeting the family's daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Gleceria hopes to gain more customers and dreams of improving her standard of living. She meets up with her co-fellowship members to share stories of her life and business every week, as well as 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 Details

This is Gleceria's 23rd loan cycle and she is a loyal partner. She has had a direct-selling business for more than a decade now. Her loans, which were being used in her business, helped her a lot even in her family's expenses and her child's education. She and her husband, who is a farmer, are he... More from Gleceria's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 1081
    View loans »
    Philippines Loans Fundraising
  • $63,436,400
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Gleceria to buy additional supplies and products to offer for sale, such as clothing, footwear, undergarments, and cosmetics.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Oct 16, 2013
Oct 28, 2013
Currency Exchange Loss:
Feb 19, 2014