A loan of $250 helped additional capital to buy products.

Lucresia's story

Lucresia T., 57, is from the village of Talinga and is a group member of PMPC. She is married and has two children. To make a living, Lucresia owns and operates a sari-sari (general) store in the local community. Her customers are neighbors and people in the nearby Barangays.

In 2007, Lucresia joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting a new loan of 10,000 PHP to add to her capital. This will be her fourth loan from PMPC. Lucresia 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 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