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Elena C. is a 42-year-old store owner who has been in business for 15 years. Her husband works overseas and she lives with their seven children. They live in one of the poor communities of Bagong Silang, Caloocan City.

Elena used to earn money by cooking and serving food to her neighbors until she opened a small variety store three months ago. She makes a daily income of P 600 and has hired two youngsters to assist her in her business.

She has been with the Center for Community Transformation (CCT) Credit Cooperative for four years. She is now seeking a loan of P 12,000. She will use the loan to purchase additional merchandise for her store, reducing the frequency of trips to the market to buy more inventory.

Elena is working hand-in-hand with her husband, who works miles away, to sustain her children’s education. She also dreams of owning a bigger grocery store.

About CCT

The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through a 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.

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
  • 332
    View loans »
    Philippines Loans Fundraising
  • $70,673,000
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Elena to purchase additional merchandise for sale in her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 23, 2009
Jul 23, 2009
Currency Exchange Loss:
Nov 15, 2009