100%

funded

Total loan: $150

Helen

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Calamba - Baliangao, Misamis Occidental, Northern Mindanao, Philippines / Transportation

Helen's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped maintenance and repair of their motor cycle.


Helen's story

Helen C. is from the village of Mitacas, Baliangao, Misamis Occidental. She is 38 years old. Helen is married and has 4 school-aged children. To make a living, Helen owns and operates a service-based business. While not the only means for generating revenue, the main source of income for the business comes from "Habal-Habal" business, transporting folks from town center to their residence. Helen has been engaged in her business for over 7 years and earns approximately 5,000 PHP a month for these activities.

In 2005, Helen joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Helen has successfully repaid a previous loan of 2,000 PHP from PMPC. Helen is requesting a new loan of 7,000 PHP which will be used maintenance for their motorcycle and repair. This will be the 6th loan taken out by Helen 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.