Update on SusanaThis is Susana. She previously accessed an 18,000 PHP loan that she used to purchase hogs and feed needed for her business. Her earnings were a big help for her personal, household, and business expenditures.
She would like to apply for another 20,000 PHP loan for her to buy additional hogs and feeds needed for her business. Her profits from business will definitely help her to sustain her daily needs and other expenses. She looks forward to this financial increase with gladness and thankfulness in her heart.
Susana hopes for success and progress through her hard work in business. Every week, she meets up with her co-fellowship members* to share stories of her work and to draw strength and inspiration from the Word of God she studies.
* All Center for Community Transformation (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 microfinance loans.
Previous Loan DetailsSusana is thankful for the financial assistance extended to her. She was able to buy more hogs and feed needed in her business. Her income is assisting their everyday household expenditures. As a widow, she works hard to provide for their everyday needs. She also has a variety store for additiona... More from Susana's previous loan »
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
1475View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 7 months (Additional Information)
- Repayment Schedule
- Aug 15, 2014
- Aug 25, 2014
- Currency Exchange Loss:
- Feb 20, 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.