She cuts scrap materials from textiles, foam and fibers, puts it in a plain pillowcase and covers it with a better looking pillowcase of various cartoon designs. She makes different kinds and sizes of pillows. Prices range from PHP 35 to PHP 80 per pillow. Her regular customers are her neighbors and the local community. She also has clients in the market that regularly orders pillows from her. She earns a minimum of PHP 300 in sales every day.
To improve her service and sales, Mercedita is taking a PHP 25,000 loan to buy supplies needed in her business. She will be using the loan to buy additional foam, fabric, plastic, cotton, rugby and other materials that are necessary to increase her production.
In the future, she hopes to prosper through her business and she dreams for her family to be financially free and be able to provide quality education for her children.
She meets up with her co-fellowship* members to share stories of her life and business every week and draw strength and inspiration from the fellowship and 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 repay Microfinance loans.
More information about this loan
On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>
About the Center for Community TransformationThe 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.
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Success!! The loan was 100% repaid