A loan of $775 helped to purchase fishing nets and other supplies.


Violito's story

Violito P. is from the village of Usocan, Plaridel. He is 67 years old, married, and has five adult-aged children. To make a living, he catches and sells ocean-caught fish in the local community. He has been engaged in his business for over 45 years and earns approximately $110 a month for these activities.

In 2009, Violito joined PMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan of 35,000 PHP from PMPC. This previous loan was used as additional capital for his business.

Violito is requesting a new loan of 35,000 PHP which will be used to purchase fishing nets and other supplies for fishing. This will be his 3rd loan 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:

27 months
Disbursed date: June 30, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: June 30, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)