A loan of $125 helped to invest in expanding the business.

Wilma's story

Wilma C. is from the village of Calaca-an. She is 38 years old. Wilma is married and has three school-aged children. To make a living, Wilma owns & operates a business providing repair services to local community members. Wilma is just starting this business.

In 2002, 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 materials needed to expand the services provided. Wilma is requesting a new loan of 6000 PHP, which will be used to invest in expanding the business. This loan will be the eighth loan taken out by Wilma 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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