This is Mercily, 47, a resident of Malaria, Caloocan City, Philippines. She is a single parent and a mother of two children. One child is now in college, and the other is getting a high school education. At this time, she is working hard to continually provide income for her children's everyday expenses.
Mercily operates a variety store. In the Philippines, a variety store is basically a small convenience store that retails groceries, toiletries, and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a Php5-worth of cooking oil, or an egg. Mercily earns by getting supplies at wholesale prices and selling 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 in sales every day.
To help her continue operations of her business, she is requesting a Php 12,000 loan. She will be utilizing the loan to buy groceries, toiletries, and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.
Mercily hopes to be able to expand her business soon and eventually become a big convenience store. She also prays for good health to be enjoyed by everybody in her house. She faithfully meets up with her co-fellowship* members to share stories of her work every week and to draw strength and inspiration from the Word of God that she studies.
* 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.