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Update on Rolando

Rolando's previous loan was a big help in his business as he was able to buy more quantities of raw materials such as paint, screens and shirts. Aside from this, he was also able to send his children to school.

He would like to apply for another loan, this time for 30,000 PHP. He will use the new loan to buy additional materials and supplies needed in his silkscreen printing business. His profits from business will definitely help sustain his daily needs and provide for his children’s education. He looks forward to this financial assistance with gladness and thankfulness in his heart.

Rolando still hopes to expand his business and put up another branch. He dreams for his family to be always sufficient in everything. He meets with his co-fellowship* members every week to share stories of his life and business and to also draw strength and inspiration from the Word of God he 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 pay microfinance loans.

Previous Loan Details

Rolando, 33, is a resident of Bacoor, Cavite City, Philippines. He is married to Analiza, a businesswoman, and they are praying to have children. He and his wife manage their household while operating the business. Rolando works hard to continually provide income for their everyday expenses. ... More from Rolando'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
  • 2083
    View loans »
    Philippines Loans Fundraising
  • $61,204,950
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Rolando to pay for more quantities of raw materials such as paint, screens, and shirts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 14, 2014
Aug 25, 2014
Currency Exchange Loss:
Mar 17, 2015
This photo was used before for a previous loan for Rolando. It was first posted on Kiva on Apr, 2014. Learn More