A loan of $150 helped to purchase livestock feed and other supplies.

Preciosa's story

Preciosa S. is from the city of Dapitan. She is 61 years old, widowed, and has four adult children.

Preciosa owns and operates a business raising pigs for sale. She has been engaged in her business for over five years and earns approximately 2,500 PHP a month.

In 2008, Preciosa joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from PMPC. This previous loan was used to purchase piglets to raise and sell.

Preciosa is requesting a new loan of 7,000 PHP which will be used to purchase livestock feed and other supplies. This loan will be her 4th 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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