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This is Teresita, 56. She is a resident of Caloocan, Philippines, and is married to Fernando, a technician and the father of her children. Together with her husband, she manages their household while operating her business. At this time, she is working hard to continue providing income for her family's everyday expenses.

Teresita operates a variety store. In the Philippines, a variety store is basically a small convenience store which sells groceries, toiletries and beverages piecemeal to the local community. It is the place to go to buy one sachet of shampoo, 5 PHP worth of cooking oil, or an egg. She earns money by getting supplies wholesale and selling them at retail prices. Her regular customers are her neighbors and other members of the local community. She earns a minimum of PHP 500 in sales every day.

To help her continue operating her business, Teresita is requesting a PHP 30,000 loan. She will use the money to buy more groceries, toiletries and beverages and expand her inventory. She expects a boost in her business income as she expands her product line.

Teresita dreams of giving her family a good life through all her hard work on her business. She meets faithfully with her co-fellowship* members every week to share stories of her work and also to draw strength and inspiration from the Word of God she studies.

* 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.

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
  • 477
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Teresita to buy more groceries, toiletries and beverages and expand her inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 25, 2012
Oct 16, 2012
Currency Exchange Loss:
Feb 15, 2013