A loan of $1,150 helped to have additional capital to buy products.


Josephine's story

Josephine M. is from the village of Upper Inuman. She is 43 years old. Josephine is an individual member of PMPC. She is married with four schoolchildren and one infant. To make a living, Josephine work as a retailer of cosmetic products in the local community doing house to house selling.

Josephine has been engaged in her business for over 17 years and earns approximately 17,000 PHP a month for these activities. In 2009, Josephine joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Josephine is requesting a new loan of 50,000 PHP, which will be used to purchase additional inventory and as working capital. This will be the second loan taken out by Josephine from PMPC. She plans to use the additional revenue generated from the business to financially support immediate members 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


Lenders and lending teams



Loan details