This is Ronald, 34, and a resident of Batasan, Quezon City, Philippines. He is married to Analiza, a housewife, and they have children. He and his wife manage their household while operating their business. At this time, Ronald is working hard to continually provide income for their everyday expenses.
Ronald operates a variety store. In the Philippines, a variety store is basically a small convenience store, which sells groceries, toiletries, and beverages piecemeal to the local neighborhood. It is the place to go to buy one sachet of shampoo, a small amount of cooking oil, or an egg. Ronald earns by getting supplies at wholesale prices and reselling them by the piece. His store is located adjacent to his house. His regular customers are his neighbors and the local community. He earns a minimum of 350 Philippine Pesos (PHP) in sales every day.
To help him continue operations of his business, Ronald is requesting a PHP 10,000 loan. He will use the loan to buy groceries, toiletries, and beverages to expand his product inventory.
Ronald dreams that his business will grow and hopes to have a happy family. He meets up with his co-fellowship* members every week to share stories of his life and business and also to draw strength and inspiration from the Word of God, which 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.