A loan of $575 helped to expand her business by renting a parcel of land.

Linda's story

Linda A. is from the village of Bunawan, Calamba. She is 45 years old, married, and has 2 school-age children. To earn a living, Linda owns and operates a business venture in the agriculture sector. More specifically, she plants and harvests assorted crops to sell for a profit. Linda has been engaged in her business for over 15 years and earns approximately 10,000 PHP per month from these activities.

In 2003, Linda joined Paglaum Multi-Purpose Cooperative (PMPC) to gain much-needed access to financial services. As a result, she was able to engage in business activities and to thereby improve her family's standard of living. Notably, Linda has successfully repaid a previous loan in the amount of 20,000 PHP from PMPC. This prior loan was used as additional capital for her business. Linda is now requesting another loan, this time in the amount of 25,000 PHP ($575), which will be used to rent a parcel of land. This loan would be the eighth loan taken out by Linda from PMPC.

About PMPC: PMPC is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.

Loan details

Lenders and lending teams

Loan details