This is Iluminada, 67, a resident of Pasay City, Philippines. She is the mother of four children, all of whom are already working. Along with her children, Illuminada manages her household while operating a variety store. She works hard to continually provide income for her family's everyday expenses.
In the Philippines, a variety store is basically a small convenience store that sells groceries, toiletries, and beverages piecemeal to the local neighborhood. It is the place to go to buy a sachet of shampoo, 5 PHP worth of cooking oil, or an egg. Iluminada earns a profit through getting supplies at wholesale prices and selling them by the piece. Her store is located adjacent to her house and her regular customers are her neighbors and the local community. Iluminada earns a minimum of 400 PHP in sales every day.
Iluminada is requesting a 15,000 PHP loan to buy groceries, toiletries, and beverages to expand her product inventory. She expects a boost in her business with her loan. In the future, Iluminada hopes to expand her business. She faithfully meets up weekly with her co-fellowship* members to share stories of her work and draw strength and inspiration from studying the Word of God.
* 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 that 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.