A loan of $950 helped to repair her house.

Tessie's story

Tessie P. lives in the village of Mauswagaon. She is 48 years old, married and has five children. Three of them are adults and the rest are school-aged. Tessie is a very hardworking woman who invests in growing pigs to sell. She has been in this business for eight years with a monthly net income of 3,500 PHP.

In 2003, Tessie joined PMPC to gain access to financial services to help improve her business and living situation. Tessie has successfully repaid a loan of PHP 12,000. She is requesting a new loan of PHP 40,000, which will be used to repair her house. This will be her 13th loan from PMPC.

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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