100%

funded

Total loan: $1,125

Mila

Sindangan-Siayan, Zamboanga del Norte, Zamboanga Peninsula, Philippines / Retail

Mila's loan finished fundraising,
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A loan helped To buy corn and rice to sell.


Mila's story

Mila P., from the town of Siayan, is 38 years old, married, and has one school-aged child. To make a living, Mila owns and operates a specialized retail store selling animal feed and farm-related products in the local community. Engaged in her business for over three years, she earns approximately 4,000 PHP a month.

In 2009, Mila joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 25,000 PHP from PMPC that was used to purchase additional inventory and as working capital, she is now requesting a new loan of 50,000 PHP to buy corn and rice to sell. Mila 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 Partners to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.