A loan of $675 helped additional capital for her business.

Lourdes's story

Mrs. Lourdes P. is from the village of Bigaan in Baliangao, Misamis Occidental. She is 62 years old. She is married and is blessed with 2 adult children. Lourdes buys and sells copra (dried coconut) in the local community.She has been engaged in her business for more than 20 years and earns approximately 10,000.00 PHP each month.

In 2003, Lourdes joined PMPC to access its programs and services. She has successfully repaid a previous loan from PMPC. Lourdes is requesting a new loan of 30,000.00 PHP to use as additional capital for her business.This will be Lourdes's 10th loan from PMPC. She plans to use the additional revenue generated from the business to improve her family's living conditions.

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

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Loan details