This is Ma. Loida, 55, resident of Intramuros, Philippines. She is married to Bernardo, a businessman and is a mother to her children. She and her husband manage their own household. At this time, she is working hard to continually provide income for her everyday expenses.
Ma. Loida oversees operations of their pedicab transportation business. She owns seven pedicabs that carry up to four passengers each to their destination within the community. The pedicab driver then remits a boundary (daily quota) each day to her. In her business the regular customers are the local community. She earns a minimum of Php 500 every day.
To help her continue operations of her business, she is requesting a Php 12,000 loan. She will be utilizing the loan to paint the pedicabs and also for the maintenance of them. She expects a boost in her business income as she expands her business.
Ma. Loida dreams to be able to give her family a good life and hopes to expand her business through all 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 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 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.