Diosdada P., aged 45, and her husband Eufrocino, aged 50, work hard to cover their daily expenses. They have a child in college. For the past ten years Diosada has owned and run a small videoke (karaoke) eatery, which generates 12,000 Philippine pesos (PHP) a month in earnings.
Diosdada would like to improve her business and has applied for a loan of 20,000 PHP to purchase food (meat, soft drinks, vegetables, and spices) as well as a new microphone for videoke. She believes the improvements and expanded inventory will help her attract more business and increase earnings.
Diosdada has been a member of the Center for Community Transformation since 2006 and has consistently attended weekly fellowship meetings. She hopes the earnings from her business will continue to help her cover her basic needs.
The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical missionary work in a uniquely Filipino context. It serves urban and rural poor communities throughout the Philippines in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ. CCT is a member of the Five Talents family.
Locally, all CCT community partners and 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 pay microfinance loans.
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.