100%

funded

Total loan: $125

Helen

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Dipolog-Katipunan, Zamboanga del Norte, Zamboanga Peninsula, Philippines / Agriculture

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A loan helped To purchase fertilizers such as manure.


Helen's story

Helen M. is from the town of Katipunan. She is 45 years old, married, and has four school-aged children. Helen owns and operates a business raising crops, primarily planting and harvesting rice for sale. She has been engaged in her business for over eight years and earns approximately 5,000 PHP a month. In 2009, Helen 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 3,000 PHP from PMPC. This previous loan was used to pay for services to increase crop yield. Helen is requesting a new loan of 5,000 PHP which will be used to purchase fertilizers such as manure. This loan will be her 2nd 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.