This is Criselda L., 40, a resident of Pasay City, Philippines. She manages her own household while helping her family. She works hard to provide income for their everyday expenses.
Criselda operates a variety store. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages, piecemeal. It is the place to go to buy one sachet of shampoo, a Php5-worth of cooking oil or an egg. Arlene buys supplies at wholesale prices and sells 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 400 every day.
To help her continue business operations, she is requesting a Php 25,000 loan. She will be utilizing the loan to buy groceries, toiletries and beverages to expand her inventory. She expects a boost in her income as she expands her business.
Criselda hopes to be able to expand soon, just as she hopes to continue her maturation in her Lord Jesus Christ. 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 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.