A loan of $675 helped to purchase inventory.

Asuncion's story

Asuncion C., aged 50, has three children – one in college, one in high school, and one in elementary school. She works hard each day to cover her daily costs and help send her children to school. For the past ten years, Asuncion has run her own sari-sari store (general store) and barbeque, and has used her earnings to support her family.

Asuncion has requested a loan of 30,000 PHP to help restock her sari-sari store with groceries, soft drinks, and toiletries. She hopes that the additional inventory will attract new customers and help grow her business.

Asuncion has been a member of Kiva partner, Center for Community Transformation (CCT), since 2005 and has consistently attended weekly fellowship* meetings. She hopes that her business will continue to expand and that some day she will be able to afford her own vehicle and provide additional money for her children'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