A loan of $450 helped additional capital for general store.

Romana's story

This is Romana A., a 42-year-old entrepreneur from Maricaban, Pasay City. She currently lives with her three children. Two of her children are in college and the eldest is already working. Her husband Rene, 56, is a seafarer so he is always out of the country.

Romana has been managing their pedicab (rickshaw) transport business for four years now, along with selling frozen meat products (sausages, hotdogs, hams, etc.) she gets from a prominent dealer. However, her refrigerator was damaged by the recent flood that hit the entire Manila area, so she has to stop her frozen meat products business for a while because she has nowhere to store her products. Then she got a loan from the Center for Community Transformation (CCT) Credit Cooperative in the amount of P17,000.00, which she used to start a small sari-sari (general) store. She now earns more than P10,000.00 a month from the combined earnings of her new business and her earnings from the rickshaw.

She is working hard to be able to get back her former sources of income. When her children finish their college education and are able to get decent jobs, Romana wants to go back to the province and stay there for good. Currently, Romana has requested a new loan from CCT in the amount of P20, 000.00 to infuse more capital into her new general store.

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.

Loan details

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Loan details