This is Josephine, 25, a resident of GMA, Cavite, Philippines. She is married to Juan, a driver, and they have children. She and her husband manage their household while operating the business. She is working hard to continually provide income for their everyday expenses.
Josephine operates a variety store. In the Philippines, a variety store is a retail store that sells inexpensive items, often with a single price for all items in the store. It is the place to go to buy one sachet of shampoo, 5 PHP's worth of cooking oil, or an egg. She earns by getting supplies at wholesale prices and selling by the piece. Her regular customers are her neighbors and members of the local community. She earns a minimum of 500 PHP in sales every day.
She is requesting a 50,000 PHP loan to help her continue to operate her business. She will use the loan to buy groceries, toiletries and beverages to expand her product inventory.
Josephine dreams to expand her business and have more customers. She hopes that her child will finish his studies. She meets up with her co-fellowship* members to share stories of her life and business every week, where she can also draw strength and inspiration from the fellowship and 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.