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Nestor
This is Nestor, 40, a resident of Malibay, Pasay, Philippines. He is a father to his children. By the grace of God, Nestor has managed to support his children's schooling. At this time, he is working hard to continually send his children to school to finish their studies.

Nestor oversees operations of their jeepney (see footnote) transportation business. They have a jeepney that has a capacity of 18 persons, and is paying a boundary (daily quota) each day.

To help him continue operations of his business, he is requesting a 40,000 PHP [Philippines pesos] loan. He will be utilizing the loan to buy new tires for the jeepney and renew his registration.

Nestor dreams that his business will continue to grow and hopes that his children will finish their education. He meets up with his co-fellowship members to share stories of his work every week.

Footnote: Curiously, Jeepneys have purely American origins. They were first used by American soldiers helping the Philippines throw off the invading Japanese. Filipino ingenuity, however, managed to see this vehicle as an opportunity to earn, and modified the Jeep into a 20-seater jeepney, open enough to provide adequate ventilation, sturdy for everyday travel, and cheap enough to buy and maintain. Now, the jeepneys are one of the things that makes the Philippines truly Philippines.

* 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.

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
  • 1447
    View loans »
    Philippines Loans Fundraising
  • $59,139,875
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Nestor to buy new tires and renew the registration of the jeepney unit.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014