A loan of $225 helped to invest in expanding the business.


Rosa's story

Rosa D. is from the village of Lobogon. She is 58 years old, married, and has five adult-aged children. To make a living, Rosa owns and operates a fish-selling business in the food sector. The main source of income for the business comes from selling ocean-caught fish in the local community. Rosa has been engaged in her business for over 12 years and earns approximately 6,000 PHP a month from these activities.

In 2009, Rosa joined Kiva partner PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosa is requesting a new loan of 10,000 PHP, which will be used to to invest in expanding the business. This loan will be her thirteenth from PMPC. She plans to use the additional revenue generated from the business to financially support immediate members 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