Crisencio is a 35 year old micro entrepreneur from Silang, Cavite, Philippines. He is married to Marilou and they have children. At this time, he is working hard to continually provide income for their everyday expenses.
Crisencio oversees operations of their Jeepney transportation business. They have one unit of Jeep that carries up to sixteen passengers to their destination within the community. He earns from the *boundary (daily quota) their driver remits everyday. Their regular passengers and customers are from the local community. He earns a minimum of 1000 Philippine Pesos (PHP) in boundary every day.
To help him continue operations of his business, he is requesting a PHP 50, 000 loan. He will be utilizing the loan for the maintenance of his Jeepney unit.
Crisencio hopes to buy more units of jeepney and dreams that his family will always be in good health. He meets up with his co-fellowship** members to share stories of his life and business every week and where he can also draw strength and inspiration from the Word of God he studies.
*In the boundary system, the driver pays the jeepney owner a fixed amount (the “boundary”) for driving a passenger vehicle for 12 hours. It is as if the driver is renting the vehicle. What he earns from passenger fares above the “boundary,” minus what he paid for the gas and oil, is his take-home pay.
**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 pay 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.