A loan of $650 helped additional capital for raising hogs.


Welita's story

Welita M. is 32 years old, married and has 2 school-aged children. To make a living, Welita engaged in hog raising and earns approximately 6000.00 a month out from selling of piglets in the local community. She has been operating her business for not less than a year.

In 2009, Welita joined PMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from PMPC which was used to start a new business raising hogs. Welita is requesting a new loan of 30,000 PHP which will be used to purchase feed for her piggery. This will be her second 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.



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