This is Carolina, 46, a resident of Tondo, Manila, Philippines. She is a mother of 1 and married to Ernie, who is also her business partner. She, together with her husband and child, manage the household while operating a business. At this time, she is working hard to continually provide income for her everyday expenses.
Carolina operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals during the evenings when all of the family members are at home to take part in the meal. This is not only a common family tradition but also a matter of convenience and frugal living. It is considered a waste of money and time to spend cooking gas and food for one to two persons when buying cooked rice and viands cost less than raw food. Her stall's regular customers are her neighbors in the local community. She earns a minimum of PHP 1,000 in sales every day.
To help her continue operating her business, she is requesting a loan of PHP 25,000. She will be utilizing the loan to buy more quantities of products like meats, rice, vegetables, condiments and seasonings. She expects a boost in her business income as a result.
Carolina hopes to open another store in their area and dreams of being able to give her child a high quality education through her hard work. She faithfully meets up with her co-fellowship members to share stories of their work every week and to also draw strength and inspiration from the Word of God they study.
* 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.