Tita Compo

Tita Compo is from the village of Poblacion. She is 55 years old. Tita is married and has 2 adult-aged children. To make a living, Tita owns & operates a snack vending business venture in the food sector making & selling food. While not the only means for generating revenue, the main source of income for the business comes primarily from selling snacks & other delicacies in the local community. Tita has been engaged in her business for over 6 years and earns approximately 5,000 PHP a month for these activities. In 2004, Tita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Tita has successfully repaid previous loans from PMPC. Tita is requesting a new loan of 12,000 PHP which will be used to purchase raw ingredients needed to make products for sale. This loan will be the 14th loan taken out by Tita from PMPC. She plans to use the additional revenue generated from the business to supplement her income.

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.

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