A loan of $700 helped to purchase palay.

Mery Cris's story

Mery Cris C. is from the village of Biasong, Dipolog City. She is 32 years old, married, and has 2 adult children. Mery Cris operates a family member's business in the retail sector, primarily buying and selling rice. She has been engaged in this business for 1 year and earns approximately 10,000 PHP a month.

In 2010, Mery Cris joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 15,000 PHP from PMPC. This previous loan was used to expand her business. Mery Cris is requesting a new loan of 30,000 PHP, which will be used to purchase palay (rice grain) for her rice trading business. This will be the 2nd loan taken out by Mery Cris from PMPC. She plans to use the additional revenue generated 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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