This is Elizabeth, 46, a resident of Malibay, Pasay City, Philippines. She and her husband, Ramon, have four children. She, together with her husband and children, manage their household while operating their business. At this time, she is working hard to continually provide income for her everyday expenses.
Elizabeth operates a salon business. She offers hair styling, hair grooming, manicures, pedicures, etc. Her regular customers are her neighbors and the local community. She earns a minimum of 600 Philippine Pesos (PHP) in sales every day.
To help her continue the operation of her business, she is requesting a PHP 50,000 loan. She will use the loan to buy supplies for her salon like shampoo, hair treatment creams and oils, and other things needed for her business. She expects a boost in her income as she expands her business.
Elizabeth dreams of being able to give her children a good and high quality education through all her hard work on her business. She faithfully meets 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 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.