A loan of $125 helped to purchase additional products to sell.

Daisy's story

Daisy A. is from the village of Libertad Alto in Sinacaban, Misamis Occidental, Philippines. She is 34 years old. Daisy is single. To make a living, Daisy owns and operates a general store where she sells a variety of different products in her local community. Daisy has been engaged in her business for over 11 years and earns approximately 1,200.00 PHP a month for these activities.

In 2007, Daisy joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Daisy has successfully repaid a previous loan of 12,000.00 PHP from PMPC. This previous loan was used to to purchase additional inventory and as working capital.

Daisy is requesting a new loan of 5000 PHP that she will use to purchase additional products to sell. This will be Daisy's fifth loan 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.

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