This is Eliza N., 31, resident of Caloocan City, Philippines. She is married to Richienel N., a businessman, and mother of five children, all of whom are enrolled in elementary school. At this time, she is working hard to be able to continue sending them to school and all the way through college--a dream for most Filipino parents like Eliza as she herself has been a college undergraduate and believes that a college diploma is the best inheritance parents could leave to their children.
Eliza operates a buying and selling business and has a sideline retailing electronic cellular phone load. What she basically does is buy general merchandise from wholesalers, then sell it piecemeal with a little profit. Products can range from furniture to household appliances, electronic devices, clothing and other products of that sort. Customers are attracted to buy due to the low selling prices and the many options they are offered. Her regular customers are her neighbors and the local community. She earns a minimum of Php 400 in sales every day.
To help her continue operations of her business, she is requesting a Php 20,000 loan. She will be utilizing the loan to buy more varieties of products to expand her product inventory. She expects a boost in her business income as she expands her business.
Eliza dreams of being able to give her all her children a good and high quality education through all her hard work in her business. She faithfully meets 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. The fellowship groups gather each week to study the Word of God, build social capital, and repay Micro Finance 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.