Update on ErlindaErlinda is thankful for the financial assistance extended to her. She was able to buy more stocks of garlic for her business. She has this business for only a year and it is continuously growing. Her loan is also helpful in the education of her children. The income from her business is assisting in their everyday household expenditures. She and her husband are both working hard to provide for their everyday expenses.
Erlinda would like to apply for another 50,000 PHP loan to buy a larger stock of garlic for her business. More items to sell will result in better profit. Her profits from the business will definitely help her to sustain her children’s education and daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Erlinda dreams to be more successful in business and hopes to give her children a good life and education. She meets up with her co-fellowship* members to share stories of her life and business every week and draw strength and inspiration from the fellowship and 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 Micro Finance loans.
Previous Loan DetailsThis is Erlinda. She previously accessed a 35,000 PHP loan that she used to buy larger stocks of garlic and biscuits. Her earnings were a big help for the education of her children and in her family's personal, household and business expenditures. She would like to apply for another 50,000 PHP... More from Erlinda'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.
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