Total loan: $750

J. Rafol's Group

Oroquieta-Misamis Occidental , Northern Mindanao, Philippines / Agriculture

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A loan helped To pay for services to increase her crop yield.

J. Rafol's Group's story

Juanita R. is from the village of Bolibol, Oroquieta City, Misamis Occidental. She is 58 years old. Juanita is the group leader of a four-member group loan offered by PMPC, a Kiva partner. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Juanita is married and has 10 adult children. To make a living, she raises a coconut crop. The main source of income for the business comes primarily from planting and harvesting coconuts for sale. Juanita has been engaged in her business for over 10 years. In 2004, Juanita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Juanita has successfully repaid a previous loan from PMPC. Juanita is requesting a new loan of 8,000 Philippine pesos, which will be used to pay for services to increase her crop yield. This will be the fifth loan taken out by Juanita 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.