Update on GuillermaGuillerma previously accessed a 50,000 PHP loan that she utilized to buy cover binding, bond paper, toner and other things needed in 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 50,000 PHP loan. She will be utilizing the loan to buy materials and supplies needed in her bookbinding business. Her profits from her business will definitely help her to sustain their daily needs and the educational expenses of her children. She looks forward to this financial increase with gladness and thankfulness in her heart.
Guillerma hopes for her business to expand and dreams of having a successful and happy life. She meets with her co-fellowship members to share stories of her life and business every week and 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 comprises 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.
Previous Loan DetailsThis is Guillerma, age 45, who is a resident of Batasan, Quezon City in the Philippines. She is married to Elizaldy, a self employed man, and she is a mother to her children. She and her family manage their own business while sustaining their everyday expenses. Guillerma operates a bookbinding… More from Guillerma'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
386View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Apr 29, 2014
- May 26, 2014
- Currency Exchange Loss:
- Nov 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.