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This is Cleofe, 49, resident of Quezon City, Philippines. She is married to Renato, her business partner, and is a mother to their two children who are both working. While attending to her family needs, she also keeps herself busy with her business as her way of helping her husband in sustaining daily expenses.

Cleofe owns a variety store. She buys groceries like canned goods, condiments, milk, sugar, and primary commodities that are needed in every household. She earns money by getting supplies at wholesale prices and selling by the piece. Her store is located adjacent to her house. She is also into food vending and piggery businesses. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 1000 Philippine Pesos in sales every day.

To help her continue operations of her business, she is requesting a Php20,000 loans. She will be utilizing the loan to buy more grocery items and enable her to have more stock. The more items displayed at the store the better, as it helps to attract more customers to buy in her variety store. More sales will result in better profit. It will help her to save more money for any possible expenditures ahead.

Cleofe hopes that her business will continue to grow. She hopes that she will be able to buy her own lot and have a better place for her business. She wishes that her family will continue to enjoy good health. She is active in attending the weekly fellowship* meetings as it helps to learn a lot from the Bible. Sharing the word of God strengthens her faith.

* All CCT community partners / clients are organized into fellowship groups that meet on a weekly basis. Afellowship 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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $70,736,800
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Cleofe to pay for grocery items and products needed in her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 7, 2012
Mar 11, 2012
Currency Exchange Loss:
Aug 15, 2012