This is Gilberto, 21, resident of Taguig, Philippines. He is still single and lives with his parents. He helps them in managing their household as he operates the business. At this time, he is working hard to provide income for their everyday expenses.
Gilberto operates a junk shop. Trash is not actively segregated in the Philippines, and while waiting for their local dump trucks, people scavenge garbage dumps and trash bags for recyclable materials like metal, copper, plastic, paper and other materials. They sell these to junk shops for a little profit. Junk shops then stack, clean, and gather huge quantities of these materials and sell them back to foundries like factories and others of the like. Gilberto's regular customers are his neighbors and the local community. He earns a minimum of 500 Philippine Pesos (PHP) in sales every day.
To help him continue operations of his business, he is requesting a Php 50,000 loan. He will be incorporating the loan into his current revolving fund used to buy trash from collectors. He expects a boost in his business income as he expands his business.
Gilberto dreams that his business will be more successful and hopes that his whole family will have good health. He meets up with his co-fellowship* members to share stories of his life and business every week and where he can also draw strength and inspiration from the Word of God he 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.