A loan of $350 helped additional inventory and working capital.

Adelaida's story

Adelaida B. is from the village of Guba, Clarin, Misamis Occidental. She is 49 years old, married with four school-aged children. To make a living, Adelaida owns and operates a general store where she sells a variety of different products in the local community. Adelaida has been engaged in her business for almost one year and earns approximately 2,000 PHP a month from these activities.

In 2005, Adelaida joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Adelaida is requesting a loan of 14900 PHP which will be used to purchase additional inventory and working capital. This loan will be the 8th taken out by Adelaida from PMPC. She plans to use the additional revenue generated from the business to improve the general living condition 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.

Loan details

Lenders and lending teams

Loan details