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Leticia D. C. lives and does business in Baclaran - a commercial district between the cities of Paranaque and Pasay City. She is 55 years old and lives with her two children.

Leticia owns and manages a bakery which is open to customers twenty-four hours a day (24/7). She also has a general store where she sells banana cue and coconuts. She opened her bakery a few years ago with only an assistant working at the oven. Now her bakery employs nine bakers who rotate as store attendants as well. She earns at least P30,000 a day from the combined operations of the bakery and the general store.

She has just finished repaying her previous loan with the Center for Community Transformation (CCT) Credit Cooperative. The easy-to-pay and low-interest loans provided by the cooperative allow her to purchase bakery supplies and store merchandise in bulk amounts, saving her a lot of time and money. She has currently applied for a new loan in the amount of P48,000 to use as additional capital for her businesses.

Leticia believes that education would be the best gift she could give her children, so she works hard to better improve her businesses. She finds fulfillment in that from her profits and savings, she is able to send her children to reputable schools.

About CCT

The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical mission in a uniquely Filipino context. It 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.

Additional Information

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.

About Philippines

  • $7,000
    Average annual income
  • 1009
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 47.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Leticia to purchase bakery supplies and other merchandise for a general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 29, 2009
Dec 1, 2009
Currency Exchange Loss:
May 15, 2010