Maricel, 29, lives in Cavite, Philippines with her husband and children. She earns a living by working hard at running a variety store where she sells groceries, toiletries and beverages to people who live in her neighborhood. Her products include shampoo, cooking oil, and food items. She earns a minimum of 700 Philippine Pesos (PHP) a day.
To continue operating her business, she is requesting a PHP 25,000 loan to boost her business by buying more groceries, toiletries, beverages and other products to sell to her customers.
Maricel hopes to be able to expand her business and give her family a good future through her hard work. 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 her religion.
* 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 who study religion, build social capital, and repay 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.