A loan of $250 helped to buy raw materials and supplies needed to continue production of her rugs.

Mary Jean's story

Mary Jean F., 33, is making sure that her family has enough provision for its daily needs. Married to Fernando F., an office employee, they are blessed with a child in their marriage. Mary Jean makes sure that she helps her husband earn so that their family can have a better life. She has been managing her own rug-making business for the past few years.

Mary Jean has been a regular member of Kiva parnter, Center for Community Transformation (CCT), for more than a year. She regularly attends its weekly fellowship meetings* and pays her weekly dues consistently. Because of her good repayment performance for her previous loans, she has been able to borrow quite a few times from CCT’s cooperative. She is consistent in paying her dues because she used the money she borrowed to expand and improve her rug-making business.

To ensure the success of her business, she would like to apply for a loan of 11,000 PHP. This amount will be used as a source of added capital for her expanding business by buying raw materials and supplies needed to continue rug production. Mary Jean dreams that her business will continue to grow so that she can provide for her child’s education.

* 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