Carmen, 64, is a resident of Bacoor, Cavite, Philippines. She and her husband Marcial, a mason, have children. With her husband, she manages their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.
Carmen operates a doormat business. Her products are small rugs and larger doormats. She makes doormats out of excess textile cloth she buys from the factory. As rugs are a major part of Filipino housekeeping and cleaning, they are one of the most common products that can be bought—sometimes even from a peddler while you are riding in a speeding vehicle down the highway! She sells her products directly to her neighbors and the local community. She earns a minimum of 200 PHP in sales every day.
To help her continue operations of her business, she is requesting a 12000 PHP loan. She will be utilizing the loan to buy more raw materials. She expects a boost in her business income as she expands her business.
Carmen hopes to grow her business in the coming years and dreams of being able to give her family a good future through all her hard work on her business. She faithfully meets up with her co-fellowship* members to share stories of her work every week; there she can also 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 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.