A loan of $1,100 helped as working capital for her fruit selling business.


Virginia's story

Virginia N. is from the village of Bagakay, Ozamiz City, Misamis Occidental. She is 55 years old. Virginia is married and has two adult children. To make a living, Virginia owns and operates a fruit selling business. She has been engaged in her business for over five years and earns approximately 15,000 PHP a month for these activities. In 2009, Virginia joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Virginia is now requesting a loan of 50,000 PHP, which will be used as additional working capital for her fruit selling business. She plans to use the additional revenue generated from the business to improve the general living conditions 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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