Funded

Total loan: $100
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Yolanda

Philippines
Tudela-Camating, Philippines / Home Products Sales

A loan of $100 helped to purchase additional products to sell.


Yolanda's story

Yolanda N. is from the village of Camating, Tudela Mis. Occ.. She is 49 years old. Yolanda is married and has 3 school-aged children.

To make a living Yolanda sells personal home products to tourists and local community members. Yolanda has been engaged in her business for over 3 years and earns approximately 3,500 PHP a month for these activities.

In 2008, Yolanda joined PMPC to help improve her living situation and ability to engage in business activities. Yolanda successfully repaid a previous loan of 5000 PHP from PMPC which she used to to purchase additional products to sell. Yolanda is requesting her third loan from PMPC, for 4000 PHP, which she will use for the same purpose. She plans to use the additional revenue to supplement her family's income.

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 Partners to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.



Loan details

Loan length:

3 months
Disbursed date: March 19, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

3 months
Disbursed date: March 19, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)