A loan of $325 helped to purchase additional fish to sell.

Liezel's story

Liezel B. is from the village of Poblacion 1, Clarin, Misamis Occidental. She is 33 years old. Liezel is married and has two school-aged children. To make a living, Liezel owns and operates a business venture in the food sector operating a fishing business. While not the only means for generating revenue, the main source of income for the business comes from harvesting and selling ocean-caught fish in the local community. Liezel has been engaged in her business for over three years and earns approximately 3,000 PHP a month for these activities.

In 2009, Liezel joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Liezel has successfully repaid a previous loan of 6,000 PHP from PMPC. This previous loan was used to to purchase additional fish to sell. Liezel is requesting a new loan of 14,000 PHP, which will also be used to purchase additional fish to sell. This loan will be her third loan from PMPC. She plans to use the additional revenue 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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