A loan of $1,175 helped for rice production.


Julieta's story

Julieta C. is from the village of Landing, Baliangao. She is 56 years old, married and has 3 adult-aged children. Julieta owns and operates a business growing rice to sell. Julieta has been engaged in her business for over 8 years and earns approximately 3,000 PHP a month from it. In 2004, Julieta joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Julieta has successfully repaid a previous loan of 2,000 PHP from PMPC, which was used for personal purposes. Julieta is requesting a new loan of 50,000 PHP which will be used for rice production. This will be the 6th loan taken out by Julieta 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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