This is Clemencia A., 57, a resident of Bacoor, Cavite City, Philippines. She is married to Rodolfo A., a tailor and her business partner. At this time, she is working hard to continually provide income for their everyday expenses.
Clemencia operates a variety store and a tailor shop where her husband is the senior tailor and overseer. 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. She earns by getting supplies at wholesale prices and selling them by the piece. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of Php 200 in sales every day.
To help her continue the operation of her business, she is requesting a Php 10,000 loan. She will be utilizing the loan to buy more groceries, toiletries and beverages to expand her product inventory. She will also invest a portion of the loan to buy tailoring supplies like fabric, etc. She expects a boost in her business income as she expands her business.
Clemencia dreams of being able to renovate her house soon, with all of her work with the business. She 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. 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.