A loan of $625 helped a member additional working capital.


Avelita's Group's story

Avelita V. is from the village of D'ban, Calamba. She is 44 years old. Avelita is the group leader of a 2-member loan group sponsored by PMPC. Although each member of the group receives an individual loan, they are collectively responsible for repaying the loans of their fellow group members if someone is delinquent or defaults.

Avelita is married and has 3 school-aged children. To make a living, Avelita sells handicrafts in the local community. Avelita has been engaged in her business for over 7 years and earns approximately 15,000 PHP a month from these activities.

In 2003, Avelita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Avelita has successfully repaid a previous loan of 12,000 PHP from PMPC. This previous loan was used to purchase new products to sell. Avelita is requesting a new loan of 14,000 PHP which will be used to expand her business. This will be Avelita's 5th loan from PMPC. She plans to use the additional revenue generated from the business to pay her children's tuition.

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.

In this group: Avelita, Lida
*not pictured



Loan details


Lenders and lending teams



Loan details