A loan of $75 helped to purchase fertilizers such as manure.

Gilda's story

Gilda F. is from the village of Pan-ay, Clarin, Misamis Occidental. She is 33 years old. Gilda is married and has 3 school-aged children. To make a living, Gilda owns and operates a business venture in the agriculture sector, raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting a variety of vegetables for sale. Gilda is just starting this business.

In 2009, Gilda joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Gilda is requesting a loan of 3,000 PHP which will be used to purchase fertilizers such as manure. This will be the 1st loan taken out by Gilda from PMPC. She plans to use the additional revenue generated from the business to pay the tuition fees of her children.

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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