A loan of $700 helped additional capital for her business.

Rosemarie's story

Rosemarie F. is from the village of Disud. She is 44 years old. Rosemarie is married and has 6 children. To make a living, Rosemarie operates a business venture selling different products, such as clothes and other ready-to-wear products. Rosemarie has been engaged in her business for over 4 years and earns approximately 6,000 PHP a month for these activities.

In 2007, Rosemarie joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosemarie is requesting a new loan of 30,000 PHP which will be used to add to her capital. This loan will be the 4th loan taken out by Rosemarie 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.

*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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