This is Juan, 41, a resident of Silang, Cavite, Philippines. He is married to Virginia, a meat vendor, and is the father to their one and only child. He and his wife are managing their household while operating the business. As the head of the family, he works hard to provide for their everyday needs.
Juan maintains a tricycle business. He owns and drives a tricycle (motorcycle with sidecar) that carries up to four passengers to their destination within the community. He works early in the morning until late in the evening. There are times when he drives in the late evening until the wee hours in order to have bigger profits. His regular customers are his neighbours and the local community. He earns a minimum of PHP 1,200 in his transportation business every day.
To help him continue operations of his business, he is requesting an amount of PHP 20,000 for his loan. He will be utilizing the loan to buy motorcycle parts for the maintenance of his four tricycle units. He has to maintain his unit in good condition in order to have a regular income for the daily needs of his family.
Juan dreams of having an additional source of income and hopes his child will finish his studies. He meets up with his co-fellowship* members to share stories of his work 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 repay 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.