This is Rafael, 36, a resident of Payatas, Philippines. He is married to Rosiel, an operations manager, and he is a father to their children. He, together with his wife, manages their household while operating the business. At this time, he is working hard to continually provide income for their everyday expenses.
Rafael operates a variety store. In the Philippines, a variety store is basically a small convenience store, which retails groceries, toiletries and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a PHP 5-worth of cooking oil, or an egg. He earns by getting supplies at wholesale prices and selling by the piece. His regular customers are his neighbors and the local community. He earns a minimum of PHP 500 in sales every day.
To help him continue operations of his business, he is requesting a PHP 12,000 loan. He will be using the loan to buy groceries, toiletries and beverages to expand his product inventory. He expects a boost in his business income as he expands his business.
Rafael dreams to have a good life and hopes his child will have a good and quality education through all his hard work on his business. He faithfully meets up with his co-fellowship* members to share stories of his work every week and where he can also draw strength and inspiration from the word of God he 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.