This is Letecia, 41, a resident of Intramuros, Manila, Philippines. She is married to Joel, a welder, and is a mother to their children. She, together with her husband, manages their household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.
Letecia operates a room rental business; it is rented on a monthly basis. She also has a variety store. She earns a minimum of 10,000 Philippine pesos (PHP) in sales every month.
To help her continue operations of her business, she is requesting a 40,000 PHP loan. She will be utilizing the loan for the repair and maintenance of her room for rent. She will also buy grocery products for her business.
Letecia dreams that her business will continue to grow and hopes that her children will finish their studies. She meets up with her co-fellowship* members to share stories of her work every week, and this is 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.