A loan of $150 helped to invest in expanding the business.

Perlita's story

Perlita L. is from Pagadian City. She is 35 years old. Perlita is married and has 1 infant child. To make a living, Perlita owns and operates a specialized service business. While not the only means for generating revenue, the main source of income for the business comes from selling scrap metal and other used products in the local community. Perlita has been engaged in her business for over 2 years and earns approximately 3,000 PHP a month for these activities.

Perlita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Perlita is requesting a loan of 7,000 PHP which will be used to invest in expanding the business. This will be the 1st loan taken out by Perlita from PMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

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

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Loan details