This is Raquel, 36, a resident of Quezon City, Philippines. She is married to Ernesto, a construction worker. She helps her husband earn an income by doing her own business at home while attending to their children.
Raquel operates a tailoring business. She mainly offers curtains, bed sheets, blankets, and other home trappings. Seasonal demands for clothing like uniforms and such are available all year round. She also does repairs and alterations. Her regular customers are her neighbors and the local community. She earns 300 Philippine Pesos (PHP) in sales every day.
She is requesting a loan of PHP 14,000 that will help to her to have additional capital. She will use the loan to buy more quantities of raw materials like fabric, thread and other items needed in her business. The more materials, the better so she can produce more of her products. The loan will help her to have additional rolling capital.
Raquel hopes that her business will grow more, that all of them will have good health and her children will be able to finish their studies. She values the time spent in the weekly fellowship* as it strengthen her faith in God.
* 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.