This is Marites, 31, a resident of Cabrera, Pasay, Philippines. She is still single and lives with her parents. She is helping them manage their house as she works hard to provide income for their everyday expenses. She has been in this business for two years now.
Marites operates the buy and sell business of her family, buying general merchandise from wholesalers and selling it with a little profit. Her products are men and women’s clothes and other similar products. Customers are attracted to purchase by to the low selling prices and the many options she offers. Her regular customers are her neighbors and the local community. She earns a minimum of 300 Philippine Pesos (PHP) in sales every day.
To help her continue her business operations, she is requesting a 19,000 PHP 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.
Marites dreams that her family business will be more successful. She also desires to have a business of her own. She faithfully meets up with her co-fellowship* members to share stories of her life and business every week and to 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 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.