A loan of $425 helped to make advance orders on her direct-selling lines.

Leonida's story

Leonida M., 57, is married to Yolemundo Mendes, a laborer/ collector, and they are blessed with five children. She makes sure that her family has enough provision for their daily needs and helps her husband earn so that their family can have a better life. Leonida is involved in direct selling of popular brand products.

Leonida has been a regular member of Kiva partner, Center for Community Transformation (CCT), for more than a year now. She regularly attends the weekly fellowship meeting* and pays her weekly dues consistently. As she has a good repayment record with her previous loans, she is able to borrow ten times more from CCT's Cooperative. She has been consistent in paying her dues because she used the money she borrowed to expand and improve her business.

Now, with your help, she would like to apply for a loan of 19,000 PHP. This amount will be used as a source of added capital for her expanding business, enabling her to make advance orders on her direct-selling lines. Leonida dreams that her business will continue to grow so that she can give her family a prosperous life.

* 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.

Loan details

Lenders and lending teams

Loan details