A loan of $350 helped to purchase additional products to sell.

Lordamila's story

Lordamila M. is from the village of Miputak. She is 56 years old. Lordamila is married and has 6 adult children and 1 school aged child. To make a living, Lordamila owns & operates a business selling a variety of vegetables and spices in the local community. Lordamila has been engaged in her business for over 15 years and earns approximately 10,000 PHP a month for these activities.

In 2007, Lordamila joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Lordamila has successfully repaid a previous loan of 11,000 PHP from PMPC. Lordamila is requesting a new loan of 14,900 PHP which will be used to purchase additional products to sell. This will be the 6th loan taken out by Lordamila from PMPC. 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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