A loan of $350 helped to invest in expanding the business.

Rebecca's story

Rebecca M., from the town of Lopez Jaena, is 56 years old, married, and has seven grown children. To make a living, Rebecca has been cultivating fruit trees and harvesting their fruit for sale for over 3 years, earning approximately 3,000 PHP a month.

In 2008, Rebecca joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 10,000 PHP from PMPC that was used to invest in expanding the business, she is now requesting her fourth loan for 15000 PHP to be used for the same purpose. Rebecca 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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Loan details