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Myrna
This is Myrna, 39, resident of Dasmariñas, Cavite, Philippines. She is married to Melvin, a jeepney driver and a mother to their children. She, together with husband, manages their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Myrna operates a rug-making business. She mainly offers rugs, from those round palm sized ones, to the much larger doormats and other crafts that most rug-makers come up every day. As rugs are a major part of Filipino housekeeping and cleaning, rugs are one of the most common products that can be bought, sometimes even from a peddler while you are riding in a speeding jeepney down the highway. She also sells different condiments. Her regular customers are her neighbors and the local community. She earns a minimum of Php500 in sales every day.

To help her continue operations of her business, she is requesting a Php10, 000 loan. She will be utilizing the loan to buy more quantities of raw materials like fabric, thread and other materials for her business.
Myrna dreams to expand her business and dreams to give her children a good life and education. She meets up with her co-fellowship members to share stories of her life and business 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
  • 292
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 45.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Myrna to pay for more quantities of raw materials like fabric, thread and other materials for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014