100%

funded

Total loan: $125

Paquita

Jimenez, Misamis Occidental, Northern Mindanao, Philippines / Retail

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A loan helped To purchase additional products to sell.


Paquita's story

Paquita T. runs a sari-sari (general) store selling a variety of different products in her community. She is 68 years old, widowed and has two adult children. She is from the town of Jimenez, Misamis Occidental. Paquita has been in this business for over three years and earns approximately 6000 PHP a month.

In 2008, Paquita joined PMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. She is requesting a loan of 5000 PHP which will be used to purchase additional products to sell. This will be her first loan from PMPC. She plans to use the additional revenue 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.