A loan of $225 helped to purchase additional fabrics and materials.

Hermisa's story

Hermisa A. is from the town of San Carlos, Tukuran, Zambo. Del Sur. She is 38 years old. Hermisa is married and has four school-aged children. To make a living, Hermisa owns and operates a clothing business, providing new clothing services to local community members. Hermisa is just starting this business.

In 2009, Hermisa joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Hermisa has successfully repaid a previous loan of 4,000 PHP from PMPC. This previous loan was used to to purchase additional fabrics and materials. Hermisa is requesting a new loan of 10,000 PHP, which also will be used to purchase additional fabrics and materials. This loan will be the third loan taken out by Hermisa from PMPC. She plans to use the additional revenue generated from the business to improve and 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.

Loan details

Lenders and lending teams

Loan details