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Update on Elvira

Elvira owns and operates a variety store business to earn a living. She has been successful in this business for years, and she repaid her previous loan used for the business. She also finds ways to improve her income by offering prepaid load service for cellular phones and by selling frozen meat products.

Relative to this, she would like to take a new loan to increase her product inventory. She is requesting an amount of PHP 40,000 to buy more quantities and varieties of grocery items, toiletries, and beverages needed in her business.

In the future, Elvira wants her grocery store to grow more, and the same with her customers. She also desires for her youngest child to finish his studies. She meets up with her co-fellowship* members to share stories of her life and business every week and it's 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 repay Micro Finance loans.

Previous Loan Details

This is Elvira. Her previous loan was a big help in her business. She was able to buy more products for her grocery store. This has been her business for a long time now and she can see the progress that it is continuously having. She and her husband, who is a government employee, work hard to pr... More from Elvira's previous loan »

Additional 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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Philippines

  • $7,000
    Average annual income
  • 1014
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Elvira to pay for grocery items, toiletries, and beverages needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 30, 2014
Aug 22, 2014
Currency Exchange Loss:
Feb 20, 2015