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This is Menardo, age 52, a resident of the Intramuros district in Manila, Philippines. He is married and a father to his children. He manages their household while operating the business. At this time, he is working hard to continually provide income for his family’s everyday expenses.

Menardo operates a school supplies business. It is where one can buy school supplies, like pens, bond paper, cartolina, and the like, without going to a bookstore. In his store, he also sells cell phone accessories. He gets the supplies at wholesale prices and sells them by the piece. His store is located adjacent to his house. His regular customers are his neighbors and the local community. He earns a minimum of 400 Philippine Pesos (PHP) in sales every day.

To help him continue operations of his business, he is requesting a 15,000 PHP loan. He will be using the loan to buy school supplies and cell phone accessories like batteries, ear phones, chargers, and other accessories to expand his product inventory.

Menardo dreams of expanding his business and hopes that his children will have a better future. He meets with his co-fellowship* members to share stories of his work every week and to draw strength and inspiration from the Word of God he 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, to build social capital, and to repay microfinance 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
  • 425
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Menardo to buy school supplies and cell phone accessories like batteries, ear phones, chargers, and other accessories to expand his product inventory.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Feb 6, 2013
Feb 17, 2013
Currency Exchange Loss:
Jun 17, 2013