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Total loan: $575
Calamba - Baliangao, Misamis Occidental, Northern Mindanao, Philippines / Retail
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Julieta's loan finished fundraising,
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A loan helped Additional capital for her store.
Julieta E. is from the village of Baliangao. She is 44 years old, married and has 3 school-aged children. To make a living, Julieta owns & operates a business venture in the retail sector. While not the only means for generating revenue, the main source of income for the business comes from selling household items & cellphone load in their local community. Julieta has been engaged in her business for over 4 years and earns approximately 5,000 PHP a month for these activities. In 2001, Julieta joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Julieta has successfully repaid a previous loan of 14,900 PHP from PMPC. This previous loan was used as additional capital for her business. Julieta is requesting a new loan of 25,000 PHP which will also be used as additional capital. This will be the 16th loan taken out by Julieta from PMPC. 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.