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Anita
Anita E. is from the village of Galas. She is 50 years old, is married, and has one adult child.

Anita owns and operates a business making and selling food, selling steamed rice cake products in the local community. She has been engaged in her business for over four years and earns approximately 6,000 PHP a month.

In 2009, Anita joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 7,000 PHP from PMPC. This previous loan was used to to purchase additional raw ingredients needed to make products for sale.

Anita is requesting a new loan of 10,000 PHP which will be used for the same purpose. This loan will be her 2nd from PMPC and her second from Kiva. She plans to use the additional revenue generated from the business to improve the living conditions of her family and to improve and expand her business.


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
  • 1291
    View loans »
    Philippines Loans Fundraising
  • $57,936,400
    Funds lent in using Kiva
  • 46.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Anita to purchase additional raw ingredients needed to make products for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011