A loan of $1,175 helped to purchase general farm supplies and equipment.


Norma's story

Norma P. is from the town of Siayan. She is 61 years old. Norma is married and has one adult child. To make a living, Norma plants and harvests rice for sale. Norma has been engaged in her business for more than ten years and earns approximately 16,600 PHP a month for these activities.

In 2009, Norma joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Norma has successfully repaid a previous loan of 15,000 PHP from PMPC. This previous loan was used to purchase fertilizers such as manure. Norma is requesting a new loan of 50,000 PHP, which will be used to purchase general farm supplies and equipment. This loan will be Norma's fifth loan from PMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

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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