This is Cleofe, who is 49. She is a resident of Payatas, Quezon City, Philippines. She is married to Renato, her business partner. She is a mother of two children who are already working. Together with her husband, she manages their household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.
Cleofe operates a food stall. In the Philippines, the whole working community and most of the families only eat home-cooked meals during evenings, when all of the family members are at home to take part of the meal. This is not only a usual family tradition but a matter of convenience and frugal living. It is considered a waste of money and time to spend cooking gas and food for one to two persons when buying cooked rice and viands (dishes) cost less than raw food. Her regular customers are her neighbors and the local community. She earns a minimum of 850 Philippine Pesos (Php) in sales every day.
To help her continue operations of her business, she is requesting a Php17, 000 loan. She will be utilizing the loan to buy more quantities of products like meats, rice, vegetables, condiments and seasonings. She expects a boost in her business income as she expands her business.
Cleofe dreams to make her business grow in the coming years and hopes to maintain her good health. She faithfully meets up with her co-fellowship members* to share stories of her work every week, and she can also draw strength and inspiration from 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 microfinance 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.