A loan of $625 helped to expand her fishing business.


Analyn's story

Analyn V. is from the village of Biasong. She is 32 years old. Analyn is married and has 2 infant-aged children. To make a living, Analyn owns and operates a fishing business. While not the only means for generating revenue, the main source of income for the business comes from harvesting and selling ocean-caught fish in the local community. Analyn has been engaged in her business for over 10 years and earns approximately 5,000 PHP a month for these activities.

In 2005, Analyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Analyn successfully repaid a previous loan of 20,000 PHP from PMPC. This previous loan was used to to purchase fishing equipment, including hooks and nets. Analyn is requesting a new loan of 30000 PHP, which will be used to invest in expanding the business. This loan will be the eighth loan taken out by Analyn 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

Loan length:

12 months
Disbursed date: July 31, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: July 31, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)