A loan of $575 helped a member to purchase fresh meat and spices for barbecue vending.

Sagapsapan's Group's story

Lina S. lives in the village of Banonong. She is 58 years old and leads a two-person loan group that receives funding from PMPC. While each member of the group receives an individual loan, they are both collectively responsible for paying back the loan for their fellow group member if she is delinquent or defaults.

Lina is a widow and has 3 adult children. She makes a living by selling barbecue in the local community. She has been in this business for more than 2 years and earns about 5,000 PHP a month from her work.

In 2006, Lina joined PMPC to gain access to financial services to help improve her life and ability to engage in business. She has successfully repaid seven previous loans from PMPC, and used each of them as additional capital for her business.

Lina and fellow her loan group member are each applying for a new loan of 12,000 PHP. Lina will buy additional fresh meats and spices for her business. She plans to use the additional revenue generated by her business to improve her family's living conditions.

In this group: Lina, Annalis

Loan details

Lenders and lending teams

Loan details