A loan of $175 helped to purchase raw ingredients needed to make products for sale.


Wilma's story

Wilma M. is from the city of Dapitan. She is 37 years old. Wilma is married and has 3 school-aged children. To make a living, Wilma owns & operates a business venture in the food sector making & selling food. While not the only means for generating revenue, the main source of income for the business comes primarily from selling ice cream in the local community. Wilma has been engaged in her business for over 5 years and earns approximately 6,000 PHP a month from these activities.

In 2008, Wilma joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Wilma has successfully repaid a previous loan of 10,000 PHP from PMPC. This previous loan was used to purchase raw ingredients needed to make products for sale.


Wilma is requesting a new loan of 8,000 PHP which will be used to purchase raw ingredients needed to make products for sale. This loan will be the 4th loan taken out by Wilma from PMPC. She plans to use the additional revenue generated from the business to improve/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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