Update on SoniaThis is Sonia. She previously took a 30,000 PHP loan that she used buy more quantities of products like meats, rice, vegetables, condiments and seasonings. Her earnings were a big help for the education of her children and in their personal, household and business expenditures.
She would like to apply for another 35,000 PHP loan to purchase raw ingredients and supplies needed in her business. Her profits from her business will definitely help her sustain her daily needs and the educational expenses of her children. She looks forward to this financial gain with happiness and gratitude in her heart.
Sonia dreams of being successful in her business and hopes that her family will always be in good health. Every week she meets up with her co-fellowship members to share stories of work and where 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 pay Micro Finance loans.
Previous Loan DetailsThis is Sonia, 53; a resident of Batasan,Quezon City, Philippines. She is married to Reynaldo, and they have children. She, together with her husband, manage their household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses. ... More from Sonia'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
1172View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 5 months (Additional Information)
- Repayment Schedule
- Dec 16, 2013
- Dec 23, 2013
- Currency Exchange Loss:
- Jan 17, 2015