This is Remedios, 47, a resident of Pasay City, Philippines. She is married to Amador, a driver. Remedios has three children. She, together with her children, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.
Remedios operates a school supplies business. It is where one can buy school supplies, like pens, bond paper, cards and the like without going to a bookstore. She gets the supplies at wholesale prices and sells them by the piece. Her store is located in their community market. Her regular customers are her neighbors and the local community. She earns a minimum of PHP 500 in sales every day.
To help her continue operations of her business, she is requesting a PHP 20,000 loan. She will be utilizing the loan to school supplies to expand her product inventory. She expects a boost in her business income as she expands her business.
Remedios dreams of giving her children a good and high quality education through all her hard work on her business. She faithfully meets up with her co-fellowship* members to share stories of her work every week. There, 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 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.