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Diego
This is Diego, 38 years old and a resident of Batasan, Quezon City, Philippines. He is single and working hard to continually provide income for his daily expenses.

Diego operates a rug-making business. He mainly offers rugs, from those round palm sized ones to the much larger doormats and other crafts that most rug-makers come up with every day. As rugs are a major part of Filipino housekeeping and cleaning, rugs are one of the most common products that can be bought, sometimes even from a peddler while you are riding in a speeding jeepney down the highway. His regular customers are his neighbors and the local community. He earns a minimum of Php500 in sales every day.

To help him continue operations of his business, he is requesting a Php30,000 loan. He will be utilizing the loan to buy more quantities of raw materials like fabric, thread and other materials for his business.

Diego dreams to be successful both in life and business. He meets up with his co-fellowship members to share stories of his life and business every week and where he can also draw strength and inspiration from the Word of God that he 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.

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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1510
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Diego to pay for fabric, cloth, thread, needles and other materials needed in his business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014