This is Jonnalyn, a 33-year-old resident of Bacoor, Cavite, Philippines. She is married, and she is the mother of one child who is not yet of school age. She and her husband are working hard to sustain their family’s everyday expenses.
Jonnalyn operates an electronic cellular phone loading station. What she basically does is to buy electronic cellular phone load credits in huge amounts then retail them for how much the customer is paying. Profit is generated depending on the networks' policy of dealership. She may buy 3,000 Philippines pesos (Php) worth of load for Php2,500, where she already has a Php500 profit, depending on promos and quotas set by the networks.
To help her continue operations of her business, she is requesting a Php20,000 loan. She will be utilizing the loan to buy cellular phone load credits from different local networks. She expects a boost in her business income as she expands her business.
Jonnalyn dreams to be able to send her child to school and to secure her child’s education in the future. She faithfully meets up with her co-fellowship 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.