This is Margery, who is 34 years old and a resident of GMA, Cavite, Philippines. She is married to Virgilio, a driver, and mother to her children. She manages her household while operating her business. At this time, she is working hard to continually provide income for their everyday expenses.
Margery operates a buy and sell business. What she basically does is buy general merchandise from wholesalers and resell it for a little profit. Her products are men and women’s clothes and like products. Customers are attracted to buy because of her low selling prices and the many options she offered. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 300 in sales every day.
To help her continue operations of her business, she is requesting a PHP 20,000 loan. She will use the loan to buy ready-to-wear products and merchandise items to expand her product inventory. She expects a boost in her business income as she expands her business.
Margery hopes to be able to expand her business and dreams of giving a beautiful future to her children. She faithfully meets up with her co-fellowship* members to share stories of their work every week. It is 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.