This is William, 61, a resident of Tanza, Cavite, Philippines. He is married and has children, his youngest in high school. He works hard to provide for his family while he is also managing their household.
William maintains a tricycle business. He owns and drives a tricycle (motorcycle with sidecar) that carries up to four passengers to their destinations within the community. He starts work early in the morning and works until late in the evening. There are times when he drives until the wee hours in order to have a bigger profit. His regular customers are his neighbors and the local community.
To help him continue operation of his business, he is requesting a loan of PHP 10,000. He will be utilizing the loan to buy motorcycle parts for the maintenance of his tricycle unit. He has to maintain his unit in good condition to have a regular income for the daily needs of his family.
William dreams of expanding his business and having more tricycle units. He meets up with his co-fellowship* members to share stories of his work every week and also draws 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.