A loan of $325 helped inventory and working capital.

Delia's story

Delia A. is from the village of Matugas Bajo, Jimenez, Misamis Occidental. She is 48 years old. Delia is married and has three school-aged children. She owns and operates a footwear store and sells to the local community. She has been engaged in her business for over one year and earns approximately 4,000 Philippine pesos (PHP) a month.

In 2006, Delia joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business. She has successfully repaid a previous loan of 14,900 PHP from PMPC. Delia is requesting another loan of 14,900 PHP which will be used to purchase additional products to sell and as working capital. This loan will be her 7th loan 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.

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Loan details