Teresita became a member of the Center for Community Transformation (CCT) Credit Cooperative in 2006. Her place of business is located near a marketplace and transport terminal, but it’s too small. She has been planning to expand it. She applied for a loan of 24,000 PHP to undertake repairs to her shop and to restock school and office supplies to sell.
The Center for Community Transformation (CCT) is an organized Christian response to poverty and social injustice. It is carried out through a fusion of social development initiatives and an evangelical mission in a uniquely Filipino context. CCT serves urban and rural poor communities throughout the Philippines in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ.
CCT is a member of the Five Talents family.
More information about this loan
On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>
About the Center for Community TransformationThe 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.
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Success!! The loan was 100% repaid