A loan of $1,025 helped to purchase a videoke unit.

Marilyn's story

Marilyn S. is from the village of Landing. She is 42 years old, married and has 4 adult children. To make a living, Marilyn owns & operates a business venture in the retail sector. The main source of income for the business comes from selling dry goods in the local community. Marilyn has been engaged in her business for over 5 years and earns approximately 5,000 PHP a month for these activities.

In 2004, Marilyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Marilyn has successfully repaid a previous loan of 11,500 PHP from PMPC. This previous loan was used as additional capital for her business. Marilyn is requesting a new loan of 45,000 PHP which will be used to purchase a videoke unit. This will be the 10th loan taken out by Marilyn from PMPC.

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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