A loan of $350 helped to use as additional capital for her business.


Rosalie's story

Rosalie L. is from the village of Tolon, Rizal. She is 39 years old and is married with two school-aged children.

Rosalie owns and operates a business producing corn to sell. She has been engaged in her business for over five years and earns approximately 2,000 PHP a month.

In 2006, Rosalie joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 14,900 PHP from PMPC.

Rosalie is requesting a new loan of 14,900 PHP which will be used as additional capital for her business. This loan will be her 8th 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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