Total loan: $225
Molave Zamboanga del Sur, Zamboanga Peninsula, Philippines / Retail
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A loan helped To use as additional capital for her sari-sari store.
Mrs. Norma L. is from Molave Zamboanga del Sur. She is 60 years old, widowed, with 2 children. To make living she operates her sari-sari store to have an income. While not the only means for generating revenue, the main source of income comes primarily from her farm. She has operated her business for more than 2 years and earns approximately 5,000 a month. She joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Norma has successfully repaid her previous loan of 7,000 taken from PMPC. This previous loan was used to invest in expanding the business. Norma is requesting a new loan of 10,000 which will be used to purchase additional items to be sold. This will be her 4th cycle of loans 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.