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Update on Iluminada

Iluminada previously accessed a loan of 50,000 Philippine pesos (PHP) to purchase merchandise for her business. Her earnings were a big help toward her personal, household and business expenditures.

She would like to apply for another loan of 50,000 PHP to buy additional supplies and merchandise for her business, such as clothing, footwear, undergarments and cosmetics. The more items displayed at the store the better. More items to sell will result in better profits. And her profits from the business will definitely help her sustain her family's daily needs.

Iluminada looks forward to this financial increase with gladness and thankfulness in her heart. She dreams that her business will continue to grow and she hopes for a better standard of living.

She meets with her co-fellowship* members every week to share stories of her life and business. This is also where she can draw strength and inspiration from the fellowship and the Word of God that she studies.

*All CCT community partners and clients are organized into fellowship groups that meet weekly. A fellowship group is composed of 15 to 30 community partners. The fellowship groups gather to study the Word of God, build social capital and pay microfinance loans.

Previous Loan Details

This is Iluminada, 59, a resident of Cabrera, Pasay, Philippines. She is married to Antonio, a barangay (village) watchman and a mother to their children. She and her husband manage their household while operating the business. She works hard to provide income for their everyday expenses. Ilum... More from Iluminada'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
  • 376
    View loans »
    Philippines Loans Fundraising
  • $70,797,850
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Iluminada to buy additional supplies and merchandise, like clothing, footwear, undergarments and cosmetics, needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 19, 2013
Jul 9, 2013
Currency Exchange Loss:
Jan 17, 2014
This photo was used before for a previous loan for Iluminada. It was first posted on Kiva on Jan, 2013. Learn More