This is Felicidad B., 43, resident of Commonwealth, Quezon City, Philippines. She is married to Gerry B., a high-speed tailor and dealer, and mother of three children ranging from college to elementary. By the grace of God, Felicidad has managed to support her older children's schooling up to college level. At this time, she is working hard to be able to send her remaining children all the way through college. A dream for most Filipino parents like Felicidad, as she herself has been a college undergraduate and believes that a college diploma is the best inheritance parents could leave to their children.
Felicidad operates a buy and sell business. What she basically does is buy general merchandise from wholesalers, and sell them piecemeal with a little profit. Products can range from furniture to household appliances, electronic devices, clothing and other products of the like. Customers are attracted to buy due to the low sales prices and the many options they are offered. Her regular customers are her neighbors and the local community. She earns a minimum of Php250 in sales every day.
To help her continue operations of her business, she is requesting a Php30,000 loan. She will be utilizing the loan to buy more quantities and varieties of products to expand her product inventory. She expects a boost in her business income as she expands her business.
Felicidad dreams of being able to give her all her children a good and high quality education through all her hard work on her business. She also hopes to have her house renovated by the end of the year. She faithfully meets up with her co-fellowship members to share stories of her work every week.
* 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.