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Analyn
Analyn V. is from the village of Biasong. She is 32 years old. Analyn is married and has 2 infant-aged children. To make a living, Analyn owns and operates a fishing business. While not the only means for generating revenue, the main source of income for the business comes from harvesting and selling ocean-caught fish in the local community. Analyn has been engaged in her business for over 10 years and earns approximately 5,000 PHP a month for these activities.


In 2005, Analyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Analyn successfully repaid a previous loan of 20,000 PHP from PMPC. This previous loan was used to to purchase fishing equipment, including hooks and nets. Analyn is requesting a new loan of 30000 PHP, which will be used to invest in expanding the business. This loan will be the eighth loan taken out by Analyn 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

  • $1175
    Average annual income
  • 389
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Analyn to expand her fishing business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2009
Listed
Aug 21, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010