A loan of $225 helped to purchase additional fish to sell.

Jeneve's story

Jeneve S., a 31-year-old married mother of four infant-aged children, is from the village of Danao where she owns and operates a fishing business. While not the only means for generating revenue, the main source of income for the business comes from harvesting and selling ocean-caught fish in the local community. Jeneve has been engaged in her business for over six years and earns approximately 5,000 PHP a month.

In 2009, Jeneve joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid a previous loan of 5,000 PHP from PMPC, she is now requesting a new loan of 10000 PHP which will be used to purchase additional fish to sell. Jeneve 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 Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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