Elvie, age 25, oversees and owns the operations of a motorized tricycle transportation business. Her business partner is her husband Angelito. They have one motorized tricycle that carries up to four passengers to their destination. The tricycle driver then remits a boundary (daily quota) each day to Elvie. Her regular customers are members of the local community. She earns a minimum of PhP 500 every day.
Elvie and Angelito live in Silang, Cavite, with their children. They help each other in managing the household and work hard to continually provide income for the family's everyday expenses.
To help her continue operations of her business, Elvie is requesting a loan in the amount of PhP 24,000. She will be utilizing the loan funds to buy spare parts and accessories as well as to pay for maintenance on the vehicle. She expects a boost in her business income as she expands her business.
Elvie dreams of the expansion of her business and hopes to have a good life. She faithfully meets up with her co-fellowship* members to share stories of her work every week, 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 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.