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Salvacion
This is Salvacion, 50, a resident of Maliba, Pasay City, Philippines. She is married to Melecio, a jeepney driver and they have children. She manages her own household while operating a business. At this time, she is working hard to continually provide income for their everyday expenses.

Salvacion operates a market stall. She sells fruits and vegetable products in the community market. She buys quantities of fruits and vegetables and sells them per kilo. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP in sales every day.

To help her continue the operations of her business, she is requesting a 15,000 PHP loan. She will be utilizing the loan to buy more quantities of fruits and vegetables to expand her product inventory.

Salvacion hopes to expand her business and dreams that her children will finish their studies. She meets up with her co-fellowship members to share stories of her work every week 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.

Additional Information

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 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.

About Philippines

  • $1175
    Average annual income
  • 400
    View loans »
    Philippines Loans Fundraising
  • $52,107,225
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Salvacion to pay for more quantities of fruits and vegetables to expand her product inventory.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2014
Listed
Jan 28, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014