Funded

Total loan: $475
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Merlinda


A loan of $475 helped to purchase additional materials for her dressmaking business.


Merlinda's story

Merlinda L. is from Carmen Annex, Ozamiz City. She is 47 years old and still single. She is currently engaged in a dressmaking business and at the same time she is working as a caregiver for two children. She has been engaged in this business for two years and earns approximately 10,000 PHP a month.

In 2006, Merlinda joined PMPC to gain access to financial services to improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of PHP 20,000 PHP from PMPC.

Merlinda is now requesting a new loan of 20,000 PHP which will be use to purchase additional materials in her dressmaking business. This will be her 5th loan 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.



Loan details

Loan length:

12 months
Disbursed date: March 10, 2011
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: March 10, 2011
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)