Funded

Total loan: $1,075
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Myla

Philippines
Silang, Cavite, Philippines / General Store

A loan of $1,075 helped to purchase more grocery items to sell.


Myla's story

Myla A. is a 40-year-old entrepreneur living in Silang, Cavite. Her husband, Librado, 41, is a volunteer member of the local community peacekeepers. Two of their three children are now college students and the youngest is in high school.

Myla owns and manages a general store which she started ten years ago. She also sells electronic load credits for mobile phones. Myla is also into buying and selling jewelry, which she offers to customers on an installment basis. She also finds time to sell boneless bangus (milk fish). She is now earning around $860 a month from these business activities. She uses her profits to help provide the daily basic needs of the family, especially her children’s education.

In 2007, she came to know about the Kiva field partner, the Center for Community Transformation (CCT) Credit Cooperative, and became a member. She is now on her 8th loan cycle. She is asking for a new loan in the amount of 50,000 PHP to purchase more grocery items to sell at her store.

Just like many others, it’s been her desire to find her way out of poverty, and she sees education as the best tool to equip her children for their future. That is why she works hard to support their studies.

About CCT

The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical mission in a uniquely Filipino context. It serves urban and rural poor communities throughout the Philippines, in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ. CCT is a member of the Five Talents family.



Loan details

Loan length:

7 months
Disbursed date: November 10, 2009
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: November 10, 2009
Facilitated by Field Partner: Center for Community Transformation Credit Cooperative, a partner of HOPE International