Funded

Total loan: $475
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A loan of $475 helped to purchase additional inventory & working capital.


Juanita's story

Juanita M. is from the town of Plaridel. She is 36 years old. Juanita is married and has 3 school-aged children. To make a living, Juanita owns & operates a business venture in the food sector making & selling food. While not the only means for generating revenue, the main source of income for the business comes primarily from selling snacks & other delicacies in the local community. Juanita has been engaged in her business for over 8 years and earns approximately 7,800 PHP a month for these activities.

In 2006, Juanita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Juanita has successfully repaid a previous loan of 20,000 PHP from PMPC. This previous loan was used to to purchase raw ingredients needed to make products for sale. Juanita is requesting a new loan of 20000 PHP which will be used to purchase additional inventory & working capital. This loan will be the 7th loan taken out by Juanita 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.



Loan details

Loan length:

12 months
Disbursed date: December 27, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: December 27, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)