Jenny operates a variety store. In the Philippines, a variety store is basically a small convenience store which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go for to buy one sachet of shampoo, a Php5-worth of cooking oil, or an egg. Her store is located adjacent to her house, and her regular customers are her neighbors and the local community. She earns a minimum of Php300 in sales every day.
To help her continue operation of her business, Jenny is requesting a Php21,000 loan to buy more quantities of products including groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.
Jenny dreams of being able to give her all her children a good and high quality education through all of her hard work on her business. She dreams of becoming a successful businesswoman someday, and faithfully meets up with her co-fellowship members to share stories of her work every week.
* 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 who gather each week to study the Word of God, build social capital, and pay Micro Finance loans.
About the Center for Community TransformationThe 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.
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Success!! The loan was 100% repaid