A loan of $125 helped to purchase additional tailoring equipment such as needles & thread.

Josefina's story

Josefina B. is from the village of San Pedro. She is 65 years old. Josefina is widowed and has 3 adult children. To make a living, Josefina owns & operates a tailoring business. While not the only means for generating revenue, the main source of income for the business comes from providing general alteration & tailoring services to local community members. Josefina has been engaged in her business for over 8 years and earns approximately 2,500 PHP a month for these activities.

In 2007, Josefina joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Josefina has successfully repaid a previous loan of 6,000 PHP from PMPC. This previous loan was used to purchase additional fabrics & materials. Josefina is requesting a new loan of 5000 PHP which will be used to purchase additional tailoring equipment such as needles & thread. This will be the 7th loan taken out by Josefina 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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