A loan of $425 helped to purchase additional products for sale.

Evelyn's story

Evelyn is from the village of Lupagan, Clarin, Misamis Occidental. She is 48 years old. Evelyn is married and has three children. To make a living, Evelyn owns & operates a business running a general store, selling daily use products such as shampoo, soap & toothpaste in the local community. Evelyn has been engaged in her business for over six years and earns approximately 2,500 PHP a month for these activities.

In 2007, Evelyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Evelyn has successfully repaid a previous loan of 18,000 PHP from PMPC. This previous loan was used to purchase additional products to sell. Evelyn is requesting a new loan of 18,000 PHP, which will be used to purchase additional inventory & working capital. This loan will be the 11th loan taken out by Evelyn from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's 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