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Nieva S., 51, is making sure that her family has enough provision for their daily needs. Married to Jose S., a bus driver, Nieva is blessed with three children. She makes sure that she helps her husband earn so that their family can have a better life. She has been into newspaper sales for quite some time now. She mainly buys and sells tabloids, newspapers and magazines.

Nieva has been a regular member of the Center for Community Transformation* (CCT) for more than a year now. She regularly attends their weekly fellowship meetings and pays her weekly dues consistently. Because of her good repayment performance with her previous loans, she has been able to borrow twelve times in CCT’s Cooperative. She is consistent in paying her dues because she has used the money she has borrowed to expand and improve her business.

To ensure the continued success of her business, Nieva is applying for a PHP 40,000 loan. This money will be used to buy more magazines, newspapers and tabloids for selling. Nieva dreams that her business will continue to grow so that she can provide for her children’s education, and have a long and comfortable life with her entire family.

* 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 Micro Finance 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
  • 454
    View loans »
    Philippines Loans Fundraising
  • $69,645,400
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Nieva to buy more newspapers and magazines to incorporate into her current product inventory.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Apr 14, 2010
Apr 16, 2010
Currency Exchange Loss:
Aug 15, 2010