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Julieta
Julieta D. is from the town of Guba, Clarin, Misamis Occidental. She is 45 years old. Julieta is married and has four school-aged children. To make a living, Julieta owns and operates a business venture in the agriculture sector, raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting corn for sale. Julieta has been engaged in her business for over ten years and earns approximately 3,000 PHP a month for these activities.





In 2006, Julieta joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Julieta has successfully repaid a previous loan of 7,000 PHP from PMPC. This previous loan was used to purchase additional seeds, seedlings and young crops to raise. Julieta is requesting a new loan of 14,800 PHP which will be used to purchase fertilizers such as manure. This will be the 8th loan taken out by Julieta 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
  • 972
    View loans »
    Philippines Loans Fundraising
  • $54,528,050
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Julieta use to purchase fertilizer for corn production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010