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Myrna
Myrna R. is from the town of Panaon. She is 56 years old. Myrna is married and has five adult children. To make a living, Myrna owns & operates a hog raising business. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for sale. Myrna has been engaged in her business for over three years and earns approximately 5000 PHP a month for these activities.

In 2000, Myrna joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Myrna has successfully repaid a previous loan from PMPC. Myrna is requesting a new loan of 14,900 PHP, which will be used to purchase livestock feed & other supplies. This loan will be the 16th loan taken out by Myrna from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her 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.

Additional Information

About Paglaum Multi-Purpose Cooperative

Paglaum Multi-Purpose Cooperative (PMPC) was founded in 1992 by the beneficiaries, parents and staff of the Paglaum Community Development Foundation to address economic and livelihood activities for sustainability. The organization operates in the northwestern provinces of Mindanao and Visayas.

In the local vernacular, “paglaum” means “hope.” The initial foundation is dedicated to child development through a holistic approach. The goal is to build self-reliance and expand opportunity so the poorest of the poor can help themselves.

About Philippines

  • $7,000
    Average annual income
  • 1401
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 47.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Myrna to purchase livestock feed & other supplies.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2009
Listed
Jun 29, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010