Funded

Total loan: $1,100
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Lucille

Philippines
Jimenez, Misamis Occidental, Philippines / Personal Housing Expenses

A loan of $1,100 helped for house renovation.


Lucille's story

Lucille T. is from the village of Butuay. She is 40 years old. Lucille is married and has 1 adult child. To make a living, Lucille owns & operates a health & medical business venture. The main source of income for the business comes from selling health & medicinal products in the local community. Lucille has been engaged in her business for over 5 years and earns approximately 4500 PHP a month for these activities.

In 2004, Lucille joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Lucille has successfully repaid a previous loan from PMPC. Lucille is requesting a new loan of 50,000 PHP which will be used to purchase construction materials for their house renovation. This will be the 3rd loan taken out by Lucille from PMPC. She plans to use the additional revenue generated from the business to improve/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.

*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:

37 months
Disbursed date: December 17, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

37 months
Disbursed date: December 17, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)