100%

funded

Total loan: $175

Rutchel

Flag of Philippines
Oroquieta - Aloran, Northern Mindanao, Philippines / Services

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A loan helped To purchase materials needed to provide beauty services.


Rutchel's story

Rutchel G. is from the village of Tuburan. She is 25 years old. Rutchel is married and has two school-aged children. To make a living, Rutchel owns and operates a manicure and pedicure service. While not the only means for generating revenue, the main source of income for the business comes primarily from providing hairdressing and beauty services to local community members. Rutchel has been engaged in her business for over one year and earns approximately 2,500 PHP a month for these activities. In 2009, Rutchel joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rutchel has successfully repaid a previous loan of 5000 PHP from PMPC. Rutchel is requesting a new loan of 7000 PHP which will be used to purchase materials needed to provide service. This loan will be the loan taken out by Rutchel from PMPC. She plans to use the additional revenue generated from the business to supplement the family's income. 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.