A loan of $125 helped to purchase a variety of products such as shampoo, can goods etc.

Nilda's story

Nilda is from the village of Canubay, Oroquieta City. She is 33 years old, married and has four children. To make a living, Nilda runs a business venture in the retail sector operating a general store.

Nilda earns approximately 6,000 Philippines pesos (PHP) a month for these activities. Nilda joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 3,000 PHP from PMPC.

Nilda is requesting a new loan of 5,000 PHP with which she will purchase a variety of products such as shampoo, can goods etc. . This will be the second loan taken out by Nilda from PMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

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