This is Esnarda, 64, a resident of Pasay City, Philippines. She is a widow with three children. She, together with her children, manages their household while operating the business. She works hard to continually provide income for her everyday expenses.
Esnarda operates a variety store. In the Philippines, a variety store is basically a small convenience store, which sells groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a five pesos-worth of cooking oil, or an egg. She earns money by getting supplies at wholesale prices and selling by the piece. She also sells herbal and food supplements for additional income. Her store is located adjacent to her house. Her regular customers are her neighbors and the local community. She earns a minimum of 500 Philippine Pesos (PHP) in sales every day.
To help her continue operations of her business, she is requesting a 42,000 PHP loan. She will be utilizing the loan to buy groceries, toiletries and beverages to expand her product inventory. She expects a boost in her business income as she expands her business.
Esnarda dreams of being able to grow her business in the coming years. 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 repay 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.