A loan of $1,050 helped additional capital for her "Nipa" buying and selling business.


Eva's story

“Leaf for shelter”…This is the main source of income for Mrs. Eva S., 49, a widow, and a resident of Dupol, Bonifacio, Misamis Occidental. She is blessed with 2 children: one is single and works in Manila City, and second is married and cares for his own family. Mrs. Eva S. is presently engaged in buying and selling of “Nipa”, a leaf of a tree from the palm family which is used for shelter, particularly for making roofs, and is sometimes used in making walls of houses. She started this business 18 years ago with an initial capital of PHP 20,000 from PMPC. Although she receives a monthly pension from her late husband, she is eager to continue with this business as it generates additional income for the family and as she can employ her neighbors in her “nipa” forming (paod) business. She joined PMPC in February 2009 and has had a good credit record. She is now applying for a loan of PHP 50,000 as additional capital for her existing business. She plans to expand her business to other municipalities and cities near Misamis Occidental and Zamboanga Del Sur.



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Loan details