Having attained a secondary education, Rhodora A., 45, wants to achieve more in life, not just for herself but for her family as well. Rhodora lives in Baseco Port Area, Manila with her husband, Antonio A., who is a photographer. They have six children, three of whom are already working, two are in elementary and one is still toddling at home.
Rhodora presently owns and manages a food stall while overseeing their tricycle operation. Rhodora caters mainly to people near their residence in Baseco. Most of her customers are people who used to wake up early in the morning for work or studies who do not have enough time to cook for themselves and still others are tricycle operators and drivers who just parked their units in front of her store while waiting for passengers. Rhodora and Antonio gather a net income of PHP 10,000 monthly, which they use to meet the needs of the entire family.
To help her continue operation of her business, she would like to apply for a PHP 22,000 loan. Rhodora plans to use this loan to further her food vending business and to finally install their own electrical power supply. Basically, the loan will serve as additional capital that will enable Rhodora to make her business more profitable and lead to more savings.
At present, Rhodora experiences complaints from her customers about the quantity of her food serving because she just adjusted it due to increasing prices of the raw ingredients she uses at present. She is determined not to be swayed by these struggles, explains to them these adjustments and aims to make her business grow. Rhodora dreams of seeing her children finish their studies and be used as one family for the glory of the Lord whom they serve. As a CCT community partner, Rhodora attends faithfully to their weekly fellowship* meeting where she can draw inspiration and strength from the Word of God she received.
*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 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.