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A loan of $675 helped to buy raw materials for making furniture.


Nida's story

Nida B. is 40 years old and lives in the village of Highway Lawis with her husband and their three school-aged children. To earn a living, she makes furniture for local businesses and her neighbors. Nida has been in this business for over 12 years and earns approximately 7,000 PHP a month from her work.

In 2000, she joined PMPC to gain access to financial services to help improve her life and ability to engage in business. She has successfully repaid eleven previous loans, and has applied for a new loan to buy supplies she needs to make more furniture. She plans to use the additional revenue generated by her business to improve her family's living conditions.

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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