Funded

Total loan: $350
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A loan of $350 helped to purchase additional products to sell.


Melina's story

Melina S. is from the village of Gango, city of Ozamiz. She is 52 years old, married and has three adult and two school-aged children. To make a living, Melina owns and operates a general store. While not the only means for generating revenue, the main source of income for the business comes from selling a variety of different products in the local community. Melina has been engaged in her business for over 14 years and earns approximately 4,000 PHP a month from these activities.

In 2007, Melina 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 14,900 PHP from PMPC. Melina is requesting a new loan of 14,900 PHP which will be used to purchase additional products to sell. This will be the seventh loan that Melina has taken out from PMPC. She plans to use the additional revenue generated from the business to improve her family's general living conditions.

About PMPC:

Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in north-western 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:

14 months
Disbursed date: December 28, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 28, 2010
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)