A loan of $75 helped to purchase raw materials to manufacture additional clothing products.

Nenita's story

Nenita V., age 55, is from the village of Binuangan. She and her husband have four children. To make a living, Nenita makes and sells clothing products to local businesses and community members. Nenita has been engaged in his business for over 35 years and earns approximately 10,000 PHP a month for these activities.

In 2010, Nenita joined PMPC to gain access to financial services. She hoped to help improve his living situation and increase his ability to engage in business activities. Nenita is requesting a new loan of 3,000 PHP, which will be used to purchase raw materials to manufacture additional products. This loan will be the first loan taken out by Nenita 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.

Loan details

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Loan details