A loan of $225 helped to purchase piglets to raise and sell.

Restituta's story

Restituta S. is from the village of Dolores, Clarin, Misamis Occidental. She is 68 years old and is widowed with three adult children.

Restituta owns and operates a business raising pigs for sale. She has been engaged in her business for over ten years and earns approximately 1,667 PHP a month.

In 2010, Restituta joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 10,000 PHP which will be used to purchase piglets to raise and sell. This loan will be her first from PMPC.

Restituta plans to use the additional revenue generated from the business to save as a reserve for future emergencies.

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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