100%

funded

Total loan: $225

Evelyn

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Calamba-Sapang Dalaga Misamis Occidental, Northern Mindanao, Philippines / Food

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A loan helped To use as additional capital for her new copra business.


Evelyn's story

Evelyn B. is from the village of Guinabot. She is 38 years old, is married, and has two school-aged children. Evelyn owns and operates a business selling vegetables in the local community. She has been engaged in her business for over ten years and earns approximately 2,500 PHP a month. In 2007, Evelyn joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 6,000 PHP from PMPC. This previous loan was used as additional capital for her business. Evelyn is requesting a new loan of 10,000 PHP which will be used to buy copra (dried coconut meat used for oil production) to sell. This loan will be her 5th 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.