A loan of $325 helped to purchase additional products to sell.

Merlyn's story

Merlyn R. is from the town of Bangko, Panaon, Misamis Occidental. She is 21 years old. Merlyn is married and has two infant children. To make a living, Merlyn owns & operates a sari-sari store general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of different products in the local community. Merlyn has been engaged in this business for over four years.

In 2008, Merlyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Merlyn is requesting a new loan of 14900 PHP, which will be used to purchase additional products to sell. This loan will be the third loan taken out by Merlyn from PMPC. She plans to use the additional revenue generated from the business to supplement the family's income.

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.

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