100%

funded

Total loan: $175

Virginia

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Liloy - Baybay, Zamboanga del Norte, Zamboanga Peninsula, Philippines / Agriculture

Virginia's loan finished fundraising,
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A loan helped to purchase livestock feed and other supplies.


Virginia's story

Virginia is from the village of Baybay, Liloy. She is 46 years old. Virginia is married and has four school-aged children. To make a living, Virginia owns and operates a business venture in the agriculture sector, raising pigs for sale. Virginia has been engaged in her business for over five years and earns approximately $50 a month from this activity. In 2009, Virginia joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Virginia has successfully repaid a previous loan of 3,000 PHP from PMPC. This previous loan was used to purchase land to raise additional livestock. Virginia is requesting a new loan of 7,000 PHP which will be used to purchase livestock feed and other supplies. This will be her 2nd loan from PMPC. She plans to use the additional revenue generated to improve her business. 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.