A loan of $425 helped to invest in expanding her business.

Jackelyn's story

Jackelyn E. is from the village of Clarin. She is 30 years old, is married, and has four school-aged children.

Jackelyn owns and operates a business raising pigs for sale. She has been engaged in her business for over six years and earns approximately 2,000 PHP a month.

In 2001, Jackelyn 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 20,000 PHP from PMPC. This previous loan was used to to invest in expanding her business.

Jackelyn is requesting a new loan of 20,000 PHP which will again be used to invest in expanding her business. This loan will be her 15th 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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