Update on EdithaEditha previously accessed a 50,000 PHP loan that she used to purchase merchandise items and products needed in her business. Her earnings were a big help in her personal, household and business expenditures.
She would like to apply for another 50,000 PHP to buy additional supplies and merchandise like clothing, footwear, undergarments, and cosmetics needed in 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 cover her family's daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.
Editha dreams that her business will continue to flourish and hopes to have a happy family. She meets up with her co-fellowship* members to share stories of her work every week and draw strength and inspiration from the Word of God she studies.
*All CCT community partners and 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.
Previous Loan DetailsThis is Editha. Her previous loan was a big help to her business. She was able to buy more merchandise and has been able to earn a larger income. She is already six years in this business and it has helped them a lot in terms of finances. She is also a jeepney operator. She together with her husb... More from Editha'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
263View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Jun 24, 2014
- Jul 6, 2014
- Currency Exchange Loss:
- Jan 17, 2015
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.