A loan of $350 helped additional capital for the business.


Anecita's story

Anecita Danore is from the village of Bagacay, Sibutad. She is 51 years old and married with four adult children. To make a living, Anecita runs a grocery store. Anecita has been engaged in her business for over five years and earns approximately 3,000 Philippines pesos (PHP) a month from it.

In 2008, Anecita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Anecita has successfully repaid a previous loan of 14,900 PHP from PMPC.

Anecita is requesting a new loan of 14,900 PHP, which will be used as additional working capital for the business. This will be the seventh loan taken out by Anecita 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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