100%

funded

Total loan: $350

Rose Marie

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

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A loan helped to purchase new stock.


Rose Marie's story

Rose Marie J. is 39 years old and married with four school-aged children. She lives at Bitibut, Sapang, Dalaga. Rose Marie sells "Balut" (a boiled, fertilized egg) in the local community. She started the business eight years ago and has worked very hard to keep it going. She's earning a monthly net income of 3,600 out of this activity. In 2002, Rose Marie joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rose Marie has successfully repaid her previous loan of Php20,000. She is requesting her 15th loan of Php14,500, which will be used to purchase new stock. 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.