Total loan: $350


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Oroquieta - Aloran, Northern Mindanao, Philippines / Transportation

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A loan helped As working capital.

Judith's story

Judith B. is from the village of Caputol in Aloran, Misamis Occidental. She is 53 years old. Judith is married and has four adult children. To make a living, Judith owns & operates a motorcycle transport business. Judith has been engaged in her business for over four years and earns approximately 3,500 PHP a month for these activities. In 2000, Judith joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Judith has successfully repaid a previous loan from PMPC. Judith is requesting a new loan of 14,900 PHP, which will be used to purchase additional inventory & as working capital. This loan will be the 16th loan taken out by Judith from PMPC. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies. 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.