A loan of $700 helped to buy fish to sell.

Annabelle's story

Annabelle C. is from the town of Katipunan. She is 37 years old and is married. She has three school-aged children and one infant child.

Annabelle operates a family member's business in the food sector, primarily selling different kinds of fish in the local community. Annabelle has been engaged in her business for over 6 years and earns approximately 10,000 PHP a month.

In 2006, Annabelle joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Annabelle has successfully repaid a previous loan of 20,000 PHP from PMPC. This previous loan was used to invest in expanding her business.

Annabelle is requesting a new loan of 30,000 PHP, which will be used to purchase additional fish to sell. This loan will be her 9th loan 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.

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