This is Alma, 48, a resident of Silang, Cavite, Philippines. She is the mother of three children, two of whom are already working, while the third is in high school. By the grace of God, Alma has managed to support her children's schooling. At this time, she is working hard to be able to send all of them all the way through college. Most Filipino parents, like Alma, as she herself has been a college undergraduate, believe that a college diploma is the best inheritance parents could leave to their children.
Alma maintains a direct-selling business. She sells clothing, footwear, undergarments, cosmetics, and other products through popular direct-selling brands like Avon, Fullerlife, Natasha, Boardwalk, Marikina Shoe Exchange, and others. A customer's order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealers' prices are lower than those in the catalogue, and these are the profits that dealers are relying on as their income. Her regular customers are her neighbors and the local community. She also has a farm. She earns a minimum of 400 Philippine pesos (PHP) in sales every day.
To help her continue operation of her business, she is requesting a 20,000-PHP loan. She will be utilizing the loan to buy orders for her customers. She expects a boost in her income as she expands her business.
Alma dreams of being able to give all her children a good and high quality education through all her hard work on her business. She faithfully meets up with her fellowship co-members to share stories of her work every week.
* 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.