This is Rona, 27, resident of Dasmarinas, Cavite City, Philippines. She is married to Manuel, her business partner, and has one child. She, together with her husband, manages their own household while also operating the business. At this time, she is working hard to continually provide income for the family's everyday expenses.
Rona operates a buy to sell business. What she basically does is buy general merchandise from wholesalers and then sell that merchandise for a small profit. Her products are men and women’s clothing and other similar products. Customers are attracted to buy from her due to the low selling prices and the many options she offers. Aside from this, she sells cell phone loads for additional income. Her regular customers are her neighbors and the local community. She earns a minimum of 500 Philippine Pesos (PHP) in sales every day.
To help her continue operating her business she is requesting a PHP 11,000 loan. She will be utilizing the loan to buy RTW products and merchandise items to expand her product inventory. She expects a boost in her business income as she expands her business.
Rona hopes to be able to expand her business in the coming years. She faithfully meets up with her co-fellowship* members to share stories of her work every week and where 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 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.