A loan of $325 helped to purchase a transport vehicle.


Letecia's story

Letecia H. is from the village of Tinago in Ozamiz City in the province of Misamis Occidental. She is 38 years old. Letecia is married and has five school-age children. To make a living, Letecia owns and operates a service-based business. The main source of income for the business comes from providing transportation services to local community members. Letecia has been engaged in her business for over five years, and she earns approximately 5000 PHP a month for these activities.


In 2009, Letecia joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Letecia has successfully repaid a previous loan of 10,000 PHP from PMPC. This previous loan was used to purchase a transport vehicle to improve the business. Letecia is requesting a new loan of 14,900 PHP, which will be used to purchase another transport vehicle for the business. This loan will be the third loan taken out by Letecia from PMPC. She plans to use the additional revenue generated from the business to financially support her immediate family members.


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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