Update on AdelaidaThis is Adelaida. She previously accessed an 38,000 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 for her children’s education and their personal, household, and business expenditures. Aside from her variety store, she also sells rice for additional income.
She would like to apply for another 50,000 PHP loan to buy groceries, toiletries, beverages, and other products to add to her inventory. The more items displayed at the store the better. More items to sell will result in better profits. Her profits from the business will definitely help sustain her family’s daily needs and her children’s education expenses. She looks forward to this financial increase with gladness and thankfulness in her heart.
Adelaida dreams to be successful in her business and hopes to have good health. She meets with her co-fellowship* members to share stories of her work every week; there she can also 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 microfinance loans.
Previous Loan DetailsThis is Adelaida, 51, a resident of Dasmarinas, Cavite, Philippines. She is married to Genaro, an employee, and father to her three children. She, together with her husband and children, manage their household while operating the business. At this time, she is working hard to continually provide ... More from Adelaida'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