A loan of $775 helped to buy more fish and hog meat to sell at the market.


Celeste's story

Celeste P. is a 42-year-old businesswoman living in Bagong Silang, Caloocan City. She lives with her husband Renante, 34, a company driver, and their two children, who are both in grade school.

Celeste has been a fish and hog meat vendor for 20 years now. She has a stall in the nearby public market. She makes P10,000 a month income from her business.

Celeste came from a poor family, but she believes that there is always a way to get out of it. In the later part of 2006, she joined the Center for Community Transformation (CCT) Credit Cooperative. She has carefully invested the proceeds of her previous loans in her business. It went well, and brought her enough income to augment her family’s daily needs, including her children’s education.

Now on her 12th loan cycle, she is requesting for a loan of P37,000. She will use the funds as additional capital for her fish and hog meat stand. Celeste is optimistic that she can bring her family out of poverty because of the progress of her business.



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Loan details