A loan of $175 helped to purchase additional fish to sell.


Lourdes's story

Lourdes A. is from the village of Lopez Jaena. She is 48 years old, is married, and has three adult children.

Lourdes owns and operates a fishing business, harvesting and selling ocean-caught fish in the local community. She has been engaged in her business for over five years and earns approximately 3,000 PHP a month.

In 2009, Lourdes joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a new loan of 7,000 PHP which will be used to purchase additional fish to sell. This loan will be her first from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her 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:

8 months
Disbursed date: November 13, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 13, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)