Tomanina is a very hard-working entrepreneur from Taguig City, Philippines. She is 40 years old and has three children who are currently in school. Solly, her husband, works as a driver and helps her to provide for their needs. She manages a business buying and selling ready-to-wear products, and her income from the business helps with their everyday needs and expenses.
What she basically does is buy general merchandise from wholesalers and then sell them piecemeal with a little profit. Products can range from ready-to-wear clothing and eye-wear to footwear and other similar products. Customers are attracted to buy due to the low selling prices and the many options they are offered. Her regular customers are her neighbors and the local community. She earns a minimum of 1,000 PHP in sales every day.
Tomanina is requesting a 12,000 PHP loan to purchase more products and merchandise to sell. She will use her loan to improve her sales and her additional revenue.
In the future, she hopes to have her own stall for her business. She also desires her children to be able to complete their studies as well as to improve the general living condition of her family. She meets with her co-fellowship* members every week to share stories of her life and business and to 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 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.