A loan of $225 helped to purchase livestock feed and other supplies.


Erenea's story

Erenea J. is from the village of Katipa. She is 61 years old. Erenea is married and has 1 adult child. To make a living, Erenea raises pigs for sale. Erenea is just starting this business.

In 2006, Erenea joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Erenea has successfully repaid a previous loan of 3,000 PHP from PMPC. This previous loan was used to to purchase baby livestock to raise & sell in future. Erenea is requesting a new loan of 10000 PHP which will be used to purchase livestock feed & other supplies. This loan will be the 2nd loan taken out by Erenea 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.



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