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Alfie
This is Alfie, age 31, who is a resident of GMA, Cavite, Philippines. She is single and she lives with her parents. She helps them financially and she is working hard to provide for their everyday needs.

Alfie operates a variety store. In the Philippines, a variety store is a retail store that sells inexpensive items, often with a single price for all items in the store. It is the place to go to buy one sachet of shampoo, a PHP5-worth of cooking oil, or an egg. She earns money by purchasing supplies at wholesale prices and selling them by the piece. Her regular customers are her neighbors and the local community members. She earns a minimum of PHP500 in sales every day.

She is requesting a PHP19,000 loan to help her to continue operating her business. She will use the loan to buy groceries, toiletries and beverages to expand her product inventory.

Alfie dreams that her business will grow bigger and hopes for good health for her family. She meets with her co-fellowship* members to share stories of her life and business every week and 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

  • $7,000
    Average annual income
  • 1262
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Alfie to pay for grocery items, toiletries and beverages needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2014
Listed
Mar 19, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014