A loan of $250 helped to purchase additional inventory & working capital.

Julieta's story

Julieta S. is from the city of Dipolog. She is 31 years old. Julieta is engaged and has 1 young child. To make a living, Julieta runs a general store where she sells a variety of products in the local community. Julieta has been engaged in her business for over 1 year and earns approximately 6,000 PHP a month from these activities.

In 2008, Julieta joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Julieta has successfully repaid a previous loan of 8,000 PHP from PMPC. Julieta is requesting a new loan of 11,000 PHP which will be used to purchase additional inventory & working capital. This loan will be the 4th loan taken out by Julieta 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.

Loan details

Lenders and lending teams

Loan details