A loan of $625 helped a member to buy more product for her store.

Anatalia Manigo's Group's story

Anatalia M. is from the village of Tigdok in Tudela, Misamis Occidental. She is 50 years old and the group leader of this 4-member group loan offered by PMPC. With a group loan, each member of the group receives an individual loan but they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is Anatalia M.'s Group.

Anatalia is married and has 1 adult child. She has been running a general store for over 15 years, earning ~1500 PHP a month. She will use her portion of the group loan to purchase more products for her shop.

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: Anatalia, Anelia, Norma, Bonifacia

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