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Pemy
Pemy is a resident of Malibay, Pasay, Philippines. She is 42 years old and she is happily married to Wilfredo, who works as a mason. God has blessed them with loving children and all of them are still studying. Life indeed is hard. But by the grace of God, they were able to raise their children well and they are helping each other in working for their family.

Pemy owns a variety store. This is a small store that can be owned by anyone in the community and the store is just connected to or just inside their houses. This is where you can buy a sachet of shampoo or conditioner, a bar of soap, aPhp5-worth of cooking oil, or an egg, or many other things. She gets her products from a wholesaler at a lower price, then she will sell it per piece for a higher price to have profit. Her regular customers are her neighbors, passersby and the people in the community. She earns Php300 a day.

To be able to expand her inventory, she is requesting a loan of Php15,000.00. She will use the loan to buy groceries, toiletries and beverages to expand her product inventory. This loan will be a great help for her to add more products to her store.

Pemy dreams that her business will grow bigger and hopes that all her children will finish their studies. She meets up with her co-fellowship members to share stories of her life and business every week, and she can also 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.

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
  • 891
    View loans »
    Philippines Loans Fundraising
  • $53,387,825
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Pemy to pay for grocery items, toiletries and beverages needed in her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2014
Listed
Mar 9, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014