This is Cristina, 38, a resident of Bacoor, Cavite, Philippines. Her husband is Jose, a pastor, and she is a mother to her two 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.
Cristina operates an accessories retail business. What she basically does is buy accessory items from wholesalers and resells them per piece/pack with a profit. Products can range from beaded jewelries like necklaces to other products of the like. Customers are attracted to buy due to the low selling prices and the many options she offers. Her regular customers are students and mall patrons. She earns a minimum of 500 Philippine Pesos (PHP) in sales every day.
To help her continue operations of her business, she is requesting a 22,000 PHP loan. She will be utilizing the loan to buy more quantities and varieties of accessory products to expand her product inventory.
Cristina hopes that her business will expand and dreams that her children will finish their studies with the guidance of God. She meets up with her co-fellowship members to share stories of her work every week, and this is 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.