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.


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