Update on DorcyDorcy previously accessed an 8,000 PHP loan that she used to purchase quantities of raw materials like fabric, thread and other materials needed in her business. Her earnings were a big help for the education of her children, in their personal, household and business expenditures.
She would like to apply for another 19,000 PHP loan for her to buy additional supplies of raw materials like thread, cloth, needles, and other materials needed in her business. Her profits from business will definitely help her to sustain her family's daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Dorcy dreams of having other sources of income and hopes that her family will always be in good condition. She meets up with her co-fellowship* members every week to share stories of her life and business and to draw strength and inspiration from the word of God she studies.
* All CCT community partners/clients are organized into fellowship groups composed of 15 to 30 community partners. The fellowship groups gather each week to study the word of God, build social capital, and pay microfinance loans.
Previous Loan DetailsDorcy is thankful for the financial assistance, from her last loan,extended to her as she was able to buy the materials needed in her business. Her business has been running for eight years now. Her income from this business is assisting to pay for her family's everyday household expenditures. Sh... More from Dorcy'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
282View loans »
Success!! The loan was 100% repaid