A loan of $175 helped to purchase more vegetables to sell.


Minda's story

Minda P. is from Trigos, Ozamiz City. She is 53 years old, married, and has five adult children. To make a living, she is presently engaged in buying and selling vegetables. She has been engaged in this business for twenty years and earns approximately 4,000 PHP a month. In 2010, she joined PMPC to gain access to financial services to improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 5,000 from PMPC. She is now requesting a loan of 7,000 PHP, which will be used to purchase more vegetables to sell. This will be the second loan taken out by Minda P. from PMPC. She plans to use the additional revenue generated from the business to improve the living standard 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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