Total loan: $350


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Tudela-Locsoon,Tudela,Misamis Occidental, Northern Mindanao, Philippines / Agriculture

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A loan helped Additional capital for her Livestock.

Letty's story

Letty is from the village of Locsoon, Tudela, Misamis Occidental. She is 52 years old, married and has one adult-aged child. To make a living, Letty runs a business venture in Agricultural sector in the local community. Letty has been engaged in her business for 2 years and earns approximately 8000 PHP a month from these activities. Letty joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 5000 PHP from PMPC. This previous loan was used to purchase additional pigs for sale. Letty is requesting a new loan of 14900 PHP with which she will purchase additional inventory and use for working capital. This loan will be the third loan taken out by Letty from PMPC. She plans to use the additional revenue generated from the business to improve and expand her business. 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.