Efepania S. is from the village of Caputol. She is 59 years old. Efepania is married and has 1 adult-aged child. To make a living, Efepania and her husband (in the pictured) owns & operates a motorcycle transport for rent business in the services sector operating a service-based business. While not the only means for generating revenue, the main source of income for the business comes primarily from providing for rent motorcycle transport to local community members. Efepania has been engaged in her business for over 3 years and earns approximately 3000 PHP a month for these activities.In 2000, Efepania joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Efepania has successfully repaid a previous loan from PMPC.
Efepania is requesting a new loan of 10000 PHP which will be used to invest in expanding the business. This loan will be the 18th loan taken out by Efepania from PMPC. She plans to use the additional revenue generated from the business to supplement the family's income.
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.
About Paglaum Multi-Purpose Cooperative
Paglaum Multi-Purpose Cooperative (PMPC) was founded in 1992 by the beneficiaries, parents and staff of the Paglaum Community Development Foundation to address economic and livelihood activities for sustainability. The organization operates in the northwestern provinces of Mindanao and Visayas.
In the local vernacular, “paglaum” means “hope.” The initial foundation is dedicated to child development through a holistic approach. The goal is to build self-reliance and expand opportunity so the poorest of the poor can help themselves.