This is Yvonne, 48, a resident of Silang, Cavite City, Philippines. A single parent and a mother to her three children, the oldest is already working while the two others are still in high school. She, together with her children, manage their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.
Yvonne maintains a direct selling business. She sells clothing, footwear, undergarments, cosmetics and other products through the popular direct selling brands like Avon, Fuller life and other direct selling brands. A customer's order is bought in cash by the dealer and then given to the customer with a one-month-to-pay credit. Dealer’s prices are lower than those in the catalogue, and these are the profits that dealers are investing on as their income. Aside from this she is also selling silver and beads accessories. Her regular customers are her neighbors and the local community. She earns a minimum of 4,500 Philippine Pesos (PHP) in sales every week.
To help her continue the operations of her business, she is requesting a 35,000 PHP loan. She will be utilizing the loan to buy merchandise items and products needed in her business. She expects a boost in her income as she expands her business.
Yvonne dreams to expand her business and hopes to have an apartment unit some day. She faithfully meets up with her co-fellowship members to share stories of her work every week and where 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 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.