A loan of $325 helped to purchase livestock feed & other supplies.

Myrna's story

Myrna R. is from the town of Panaon. She is 56 years old. Myrna is married and has five adult children. To make a living, Myrna owns & operates a hog raising business. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for sale. Myrna has been engaged in her business for over three years and earns approximately 5000 PHP a month for these activities.

In 2000, Myrna joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Myrna has successfully repaid a previous loan from PMPC. Myrna is requesting a new loan of 14,900 PHP, which will be used to purchase livestock feed & other supplies. This loan will be the 16th loan taken out by Myrna from PMPC. She 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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