Rey Limitares

Rey Limitares is from the town of Plaridel. He is 40 years old. Rey is married and has an infant child. To make a living, Rey owns and operates a service business. The main source of income for the business comes from providing repair services to members of the local community. Rey has been engaged in his business for more than 5 years and earns approximately 4,000 PHP a month for these activities.

In 2002, Rey joined PMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Rey has successfully repaid a previous loan of 7,000 PHP from PMPC, which was used to purchase materials needed to expand services provided. Rey is requesting a new loan of 10000 PHP which will be used to purchase materials needed to provide service. This loan will be the 11th loan taken out by Rey from PMPC. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

About PMPC:

Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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