A loan of $225 helped to purchase livestock feed & other supplies.


Ana's story

Ana D. is from the village of Libertad Bajo, Sinacaban, Misamis Occidental. She is 28 years old. Ana is married and has 2 young children. To make a living, Ana owns & operates a business venture in the agriculture sector, raising livestock. While not the only means for generating revenue, the main source of income for the business comes from raising pigs for sale. Ana has been engaged in her business for over 4 years and earns approximately 2,600 PHP a month for these activities.



In 2009, Ana joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Ana has successfully repaid a previous loan of 5,000 PHP from PMPC. This previous loan was used to to purchase baby livestock to raise & sell in future. Ana is requesting a new loan of 9,500 PHP which will be used to purchase livestock feed & other supplies. This will be the 2nd loan taken out by Ana from PMPC. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies.



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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