A loan helped to purchase baby livestock to raise & sell in future.

Francisca's story

Francisca R. is from the village of Centro Napu,Tudela, Misamis Occidental. She is 56 years old, widowed, and has four adult-aged children. To make a living, she raises pigs for sale. She is just starting this business.

In 2008, Francisca joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 30,000 PHP from PMPC. This previous loan was used to build shelter for her livestock. Francisca is requesting a new loan of 30,000 PHP which will be used to purchase baby livestock to raise and sell in the future. This will be her 6th loan from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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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