Update on RobertoRoberto is thankful for the financial assistance extended to him. He was able to buy the needed materials and supplies for his farm. He has had this farm for ten years now. His loan was also helpful in the education of his children. His income from the loan supported their everyday household expenditures. He and his wife are working hard to provide for their everyday needs.
Roberto would like to apply for another 40,000 PHP loan to buy fertilizers, seeds and other tools for maintenance of the farm. His profits from his business will definitely help him to sustain the family's daily needs and educational expenses of his children. He looks forward to this financial increase with gladness and thankfulness in his heart.
Roberto dreams to add more plants to his farm and hopes that his family will always have good living conditions. As a CCT community partner, he meets up with his co-fellowship* members to share stories of his work every week, and this is where he can also draw strength and inspiration from the Word of God 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 microfinance loans.
Previous Loan DetailsThis is Roberto. His previous loan helped him a lot in his farming business. The loan also helped with his household expenditures. He and his wife are working hard to provide for their everyday needs. He would like to apply for a new 25,000 PHP (Philippines pesos) loan that he will be utilizin... More from Roberto'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
1241View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Oct 29, 2013
- Nov 12, 2013
- Currency Exchange Loss:
- May 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.