Funded

Total loan: $300
Powered by 12 lenders

Norma


A loan of $300 helped to purchase spare parts for her husband's tricycad.


Norma's story

Mrs. Norma B. is a resident of Carmen Annex, Ozamiz City. She is married to Rosendo B. and has four school age children.

Mrs. B.’s husband is a tricycad driver. A tricycad is a bicycle with three wheels which is commonly used for transportation here in downtown Ozamiz City. He is also engaged in green algae culture, which in Filipino native language is known as “guso”- a green algae or seaweed. Mrs. B. also sells snack food in her neighborhood on Sundays but their daily source of living comes from her husband’s tricycad operation for which he earns Php 300 per day.

Mrs. B. joined PMPC in 2006 and her first loan was Php 3,000 which she used as additional payment of the tricycad which she had bought. Right now she is applying for her 8th loan in the amount of Php 14,000 intended to purchase spare parts and pay for repairs to her husband’s tricycad.

Mrs. B.’s future plans for her family are to be able to send her four children to college and to be able to make a comfortable house since they are living near the seashore and, during high tide, the water gets inside their house. She is hoping and praying that through the help of PMPC and Kiva lenders she will fulfill her future plans.



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)