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Teresita M. S., 47, has been in the direct selling business for three years. Aside from direct selling, she also sells mobile phone prepaid credits, generic medicines, and toiletry products as a source of added income. She is the busy mother of three children: one is now enrolled in college while the other two are in high school. She is married to Rolando S., who is a regular employee in a private company. She has made a point (especially now that her children are all grown up) to venture into direct selling of shoes and other apparel to help them with their daily needs.

Teresita has been a member of Center for Community Transformation (CCT)* for more than four years now, and she has received seven consecutive loans because of her good repayment rate. She wants to apply for a 17,000 Philippine pesos (PHP) loan so that she can buy more products to sell to her clients living in Dasmariñas Cavite, a province just south of Manila.

Teresita dreams that someday she will have her own boutique where she can display all her products so that her clients can easily shop. She prays that through her added contribution to their monthly income, she and her husband will save enough money so that they can renovate their house and enable their children to finish their studies and graduate from college.

* 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.

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.

About Philippines

  • $7,000
    Average annual income
  • 455
    View loans »
    Philippines Loans Fundraising
  • $69,767,475
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Teresita to buy more shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 26, 2009
Dec 13, 2009
Currency Exchange Loss:
Jun 15, 2010