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Ma. Lourdes

Update on Ma. Lourdes

Ma. Lourdes previously accessed a 20,000 PHP (Philippines pesos) loan that she used to buy spare parts and accessories and pay for the maintenance of the Jeepney* unit. Her earnings were a big help in her personal, household and business expenditures.

She would like to apply for a new 15,000 PHP loan to buy spare parts and pay for the maintenance of the Jeepney unit. Her profits from her business will definitely help her to sustain their daily needs. She looks forward to this financial increase with gladness and thankfulness in her heart.

Ma. Lourdes dreams to have another unit of Jeepney and hopes to have a better living. She meets up with her co-fellowship members to share stories of their lives and business every week. There, she can also draw strength and inspiration from the Word of God she studies.

* Curiously, Jeepneys have purely American origins. Jeeps were first used by American soldiers helping the Philippines throw off the invading Japanese. Filipinos, however, managed to see this vehicle as an opportunity to earn, and with their ingenuity they modified the Jeep into a 20-seat Jeepney, open enough to provide adequate ventilation, sturdy for every-day travel, and cheap enough to buy and maintain. Now, the Jeepneys are one of the things that make the Philippines truly Philippines.

* All CCT community partners/clients are organized into fellowship groups that meet weekly. 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 pay down their microfinance loans.

Previous Loan Details

This is Ma. Lourdes, 50, a resident of Silang, Cavite, Philippines. She is married to Lauro, a driver and father of her children. She and her husband are managing their household while operating their business. They are working hand in hand to provide income for their everyday expenses. Ma. Lo... More from Ma. Lourdes'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
  • 459
    View loans »
    Philippines Loans Fundraising
  • $69,650,875
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ma. Lourdes to pay for the spare parts and maintenance of her Jeepney.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 29, 2014
May 5, 2014
Currency Exchange Loss:
Nov 17, 2014
This photo was used before for a previous loan for Ma. Lourdes. It was first posted on Kiva on Sep, 2013. Learn More