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Update on Roberto

Roberto, 42, is a resident of Tanza, Cavite, Philippines. He is single and works hard to support himself and cover his everyday expenses.

Roberto operates a food stall and sells fish balls. In the Philippines, fish balls are commonly sold on street sidewalks. They are served skewered and can be dipped with different kinds of sauces. Fish balls are somewhat flat in shape and often made with the meat of a cuttlefish. His other products include squid balls and quail eggs. His regular customers are his neighbors and the local community. He earns a minimum of Php 200 in sales every day.

To help him continue operating his business, he is requesting a Php 11,000 loan. He will use the loan to buy more quantities of fish ball products and other ingredients needed in his business. He expects a boost in his business income as he expands his business.

Roberto hopes to be able to expand soon. He faithfully meets with his co-fellowship* members to share stories of his work week and also draws strength and inspiration studying the Word of God.

* 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 repay Micro Finance loans.

Previous Loan Details

This is Roberto, 41, resident of Tanza, Cavite, Philippines. He is single but works hard to sustain himself and continually provide income for his everyday expenses. Roberto operates a food stall wherein he sells fish balls. In the Philippines, fish balls are commonly sold on street sides; it ... More from Roberto's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 374
    View loans »
    Philippines Loans Fundraising
  • $70,809,250
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Roberto to pay for additional stocks of fish ball products and other ingredients needed in his business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 3, 2012
Jun 1, 2012
Currency Exchange Loss:
Nov 15, 2012