A loan of $275 helped to purchase additional products to sell.

Fedelina's story

Erma Anino is from the village of Tuyabang Alto. She is 48 years old. Erma is married and has 1 adult-aged child. To make a living, Erma owns & operates a "sari-sari" store n the retail sector. Her main source of income from the business comes primarily from selling a variety of different products in the local community. Erma has been engaged in her business for over 3 years and earns approximately 7,000 PHP a month for these activities. In 2006, Erma joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Erma has successfully repaid previous loans from PMPC. Erma is requesting a new loan of 12,000 PHP which will be used to purchase additional products to sell. This loan will be the 10th loan taken out by Erma from PMPC. She plans to use the additional revenue generated from the business to supplement the family's income.

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