Aurelia Colaljo

Aurelia Colaljo is from the village of Biasong. She is 55 years old. Aurelia is married and has 3 adult-aged children. To make a living, Aurelia owns & operates a business venture in the food sector operating a fishing business. While not the only means for generating revenue, the main source of income for the business comes primarily from harvesting & selling ocean-caught fish in the local community. Aurelia has been engaged in her business for over 40 years and earns approximately 10,000 PHP a month for these activities.

In 2005, Aurelia joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Aurelia has successfully repaid a previous loan of 15,000 PHP from PMPC. This previous loan was used to to invest in expanding the business. Aurelia is requesting a new loan of 10000 PHP which will be used to purchase fishing equipment including hooks & nets. This loan will be the 8th loan taken out by Aurelia from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's 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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