Update on ElizabethElizabeth previously accessed a 25,000 PHP loan that she used to buy additional eggs and salted eggs needed for her business. 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 40,000 PHP loan for her to buy additional eggs and salted eggs needed for her business. The more items displayed at the store the better. More items to sell will result in better profit. Her profits from business will definitely help her to sustain her daily needs and the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.
Elizabeth hopes to have other sources of income, and dreams of giving her children a good life and education. She meets up with her co-fellowship* members to share stories of her work every week 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 repay microfinance loans.
Previous Loan DetailsThis is Elizabeth. Her previous loan was a big help in her business. She was able to buy more eggs and her income helped their family household. The loan also helped in the education of her children. She has been in this business for three years and she continues to work to provide for their fami... More from Elizabeth'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
1170View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 7 months (Additional Information)
- Repayment Schedule
- Mar 7, 2014
- Mar 12, 2014
- Currency Exchange Loss:
- Sep 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.