A loan of $425 helped to purchase additional inventory & working capital.


Lina's story

Lina O. is from the village of Alegria. She is 39 years old. Lina is married. To make a living, Lina owns & operates a business venture in the retail sector running a general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of different products in the local community. Lina is just starting this business.

In 2006, Lina joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Lina has successfully repaid a previous loan of 20,000 PHP from PMPC. This previous loan was used to to purchase new items to expand product offering. Lina is requesting a new loan of 20000 PHP which will be used to purchase additional inventory & working capital. This loan will be the 8th loan taken out by Lina from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's 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.



Loan details

Loan length:

12 months
Disbursed date: October 16, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: October 16, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)