Clarissa is 40 years old and single. She is a resident of Caloocan, Philippines. Clarissa operates a rug-making business. She mainly offers rugs from round palm-sized ones to the much larger doormats. As rugs are a major part of Filipino housekeeping and cleaning, rugs are one of the most common products that can be bought. Her regular customers are her neighbors and the local community. She earns a minimum of 500 PHP a day.
Clarissa is requesting a loan for 20,000 PHP, which she will use to buy more quantities of raw materials such as fabric, thread, and other materials for her business. She expects a boost in her business income as she expands her business.
Clarisssa hopes that her business will grow and will continue to generate income. She faithfully meets up with her co-fellowship * members to share stories of her life and business every week and where she can also draw strength and inspiration from the fellowship and 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. The fellowship groups gather each week to study 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.