A loan of $150 helped to purchase livestock feed and other supplies.


Elizabeth's story

Elizabeth G. is from the village of Sibula. She is 42 years old. Elizabeth is married and has 7 school-aged children. To make a living, Elizabeth owns and operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes from raising pigs for sale. Elizabeth has been engaged in her business for over a year and earns approximately 1,000 PHP a month. In 2008, Elizabeth joined PMPC in order to gain access to financial services that would help improve her living situation and her ability to engage in business activities. Elizabeth has successfully repaid a previous loan of 3,000 PHP from PMPC. This previous loan was used to to purchase baby livestock to raise and sell in the future. Elizabeth is requesting a new loan of 7000 PHP which will be used to purchase livestock feed and other supplies. This loan will be the 2nd loan taken out by Elizabeth 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.



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