This is Mercedita, 43, a resident of Taguig, Philippines. She is married to Alex, a collector, and is a mother to her children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.
Mercedita operates a buy-and-sell business. She buys biscuits from a wholesaler and then sells them to customers for a profit. She also does a rug-making business for additional income. She also sells frozen and processed foods and has motorcycles for rent. Her regular customers are her neighbors and the local community. She earns a minimum of Php 350 in sales daily.
To help her continue operations of her business, she is requesting a Php 50,000 loan. She will be utilizing the loan to buy more quantities of biscuits to expand her product inventory. Mercedita dreams of a continuous success of her business and hopes that her family will always be in a good condition. She 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 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 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.