A loan of $350 helped to be used as additional working capital.

Cecilia's story

Cecilia V. is married and has four adult children.

To make a living, Cecilia owns and operates a "lapida" (epitaph) making business, providing tombstone engraving services to local community members. Cecilia has been in business for more than ten years and earns approximately 10,000 PHP a month.

In 2004, Cecilia joined PMPC to gain access to financial services to help improve her business and living situation. She has successfully repaid a previous loan from PMPC.

Cecilia is requesting a new loan of 14,900 PHP, which will be used as additional working capital. This will be the 11th loan taken out by Cecilia 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.

Loan details

Lenders and lending teams

Loan details