A loan of $325 helped additional working capital.

Nepthalie's story

Nepthalie S., a 43-year-old married mother of three school-aged children, is from the village of Bagacay, Sibutad. To make a living, Nepthalie runs a grocery store selling basic household items in the local community. Engaged in her business for four years, she earns a monthly net income of 3000.00.

In 2010, Nepthalie joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 5,000 PHP from PMPC that was used to purchase additional stocks to sell, she is requesting her third loan of 14,000 PHP to be used as additional working capital.

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

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Loan details