How to Cook Calderetang Baboy

Calderetang Baboy or Pork Kaldereta is a version of Filipino pork stew. This dish has a tomato based sauce and makes use of liver spread. The latter gives the dish its identity.
Here are the ingredients:
2 lbs. pork belly, cubed
1 small red bell pepper
1 small green bell pepper
3 medium ripe tomato, wedged
4 ounces Filipino style tomato sauce
3 ounces liver spread
2 medium potato, diced
1 medium carrot, diced
1 medium yellow onion, diced
4 cloves garlic, crushed and chopped
3 to 4 cups water
6 tablespoons cooking oil
Salt and ground black pepper to taste
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