This is Imelda, 47, a resident of Manila, Philippines. She is married to Noel, a baker, and they have four children. She and her family manage their household while operating their business. Imelda works hard to continually provide income for the family's everyday expenses.
Imelda operates a variety store which, in the Philippines, is basically a small convenience store which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, PHP 5 worth of cooking oil or an egg. Imelda earns an income by getting supplies at wholesale prices and selling by the piece. Her store is located adjacent to her house and her regular customers are her neighbors and the local community. She earns a minimum of 1,000 PHP in daily sales.
To help her continue operations of her business, Imelda is requesting a PHP 50,000 loan, which she will use to buy groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.
Imelda hopes to be able to expand soon, just as she dreams of being able to give her family a good future through all her hard work. She faithfully meets up with her co-fellowship* members weekly to share stories of her work and to draw strength and inspiration from the Word of God 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 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.