A loan of $325 helped to invest in expanding the business.

Mila's story

Mila C. is from the village of Dullan. She is 45 years old. Mila is married and has 4 school-aged children. To make a living, Mila owns and operates a hog-raising business. The main source of income for the business comes from raising pigs for sale. Mila has been engaged in her business for over 5 years and earns approximately 3,000 PHP a month for these activities.

In 2005, Mila joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Mila has successfully repaid a previous loan from PMPC. Mila is requesting a new loan of 14,900 PHP which will be used to invest in expanding the business. This will be the 21st loan taken out by Mila 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.

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