A loan of $1,150 helped to purchase food and drinks.


Timagos's story

Timagos E. is from the village of Baybay ,Liloy, Zamboanga Del Norte. She is 53 years-old. Timagos is a widow with four adult children. To make a living, Timagos owns and operates a restaurant. While not the only means for generating revenue, the main source of income comes from serving local foods to customers in the local community. Timagos has been engaged in her business for over 10 years and earns approximately 5,000 PHP a month. In 2010, Timagos joined Kiva partner PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Timagos is requesting a first loan of 50,000 PHP which will be used to purchase food and drinks for the restaurantShe plans to use the additional revenue generated from the business to improve and expand her business. 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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