A loan of $200 helped to purchase additional inventory & working capital.

Helen's story

Helen G. is from the city of Dipolog. She is 27 years old. Helen is married and has 2 school-aged children. To make a living, Helen runs a general store where she sells a variety of different products in the local community. Helen is just starting this business.

In 2007, Helen joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Helen has successfully repaid a previous loan of 10,000 PHP from PMPC. Helen is requesting a new loan of 9,000 PHP which will be used to purchase additional inventory and use as working capital. This will be Helen's fifth loan from PMPC. She plans to use the additional revenue generated from the business to improve her family's living conditions.

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

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Loan details