Rosario T. is 49 years old and has been a businesswoman for years. She is married to Alfredo, 52, who drives a motorized tricycle for a living. Two of their three children are now working and the youngest remains in grade school. This happy family lives in Maricaban, Pasay City.
For nine years now, Rosario has been buying and selling small basic household items, including decorated candles, dishwashing solutions, fabric conditioners and even diapers. She earns more than P12, 000.00 a month and even more when there is increased demand for her items, such as for her candles during All Saints’ Day, which is observed countrywide. She’s happy that her earnings can augment her husband’s income to help with their family’s daily needs.
Rosario is among the pioneer members of the Center for Community Transformation (CCT) Credit Cooperative who joined in the summer of 2002. She has just finished repaying a previous loan of P32,000.00 from the cooperative and is now asking for a new loan of P35,000.00 as additional capital for the continued growth of her business. She wishes to improve her business to be able to have an abundant life with her family.
The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical mission in a uniquely Filipino context. It serves urban and rural poor communities throughout the Philippines, in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ. CCT is a member of the Five Talents family.
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.