Funded

Total loan: $1,200
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Norma

Philippines
Calamba, Misamis Occidental, Philippines / Primary/secondary school costs

A loan of $1,200 helped to pay her grandchild's tuition fees.


Norma's story

Norma C. is from the village of Southwestern. She is 71 years old, is married, and has four adult children. Her primary source of income comes from her monthly pension of 7,100 PHP.

In 2009, Norma joined PMPC to gain access to financial services and be able to obtain the different benefits offered by PMPC. She has successfully repaid a previous loan of 26,000 PHP from PMPC.

Norma is requesting a new loan of 55,000 PHP which will be used for her grandchild’s tuition fees. This loan will be her 4th 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.



Loan details

Loan length:

26 months
Disbursed date: June 8, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: June 8, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)