At a busy center[1] meeting, a woman waits, among 50 other women, for her turn to meet with her loan officer and make a weekly loan repayment. In a different village in the Philippines, one woman collects repayments from her 50 other center members, then travels the distance to the nearest commercial center to make the weekly repayment for the entire group at a bank. Now, imagine a scenario where a borrower can simply go to a retailer in her village and make her loan repayment by text message. Sound interesting?

In a rural area served by NWTF – where mobile banking could...

“We have Muslim brothers who avail (financial) services but the way they avail (these loans) is against our culture, against our beliefs.” ~Muslim leader, Davao, Mindanao

Islam first reached the southern shores of the Philippines during the 14th century and played a critical role in unifying kinship groups in several Filipino communities. With stronger networks of brotherhood and newfound Islamic faith, these communities were able to resist colonization by Spain and America for over 400 years, preserving their culture and religion. Today, though the majority of Muslim...

As I noted in an earlier blog, the bulk of the Center for Community Transformation’s loans are made to small variety store owners for inventory restocking.  This capital is necessary, and often allows owners to diversify their offerings, but it is clear there are few opportunities for much business growth.  Competition is rampant, and demand local and limited.

It was inspiring then to meet a “round rag” maker in Manila who had developed partnerships with two companies interested in purchasing her rags.  The companies needed thousands for use in their factories, and the borrower was...

The past couple weeks at CCT in Manila provided me with an opportunity to take a closer look at the multitude of poverty alleviation services the organization provides.  CCT targets several poverty groups (see diagram below), and tailors programs to each accordingly.  Micro-entrepreneurs, broadly categorized in the middle of the poverty pyramid, are the recipients of the small business loans posted on Kiva.  “Sufficiency” is the primary objective for this program, a mission reflected in the reality of loan utilization I observed in interviews with borrowers (primarily working capital...