A loan of $125 helped to purchase more fish to sell.


Leonora's story

Leonora is from the village of Mobod, Oroquieta City, Philippines. She is 61 years old, a widow and has four adult children. To make a living, Leonora sells fish in the local community. She has been engaged in her business for three years and earns approximately 6,000 PHP a month for these activities. Leonora joined PMPC to gain access to financial services to help improve her business and living situation. Leonora is requesting a new loan of 5,000 PHP with which she will purchase more fish to sell. This will be the third loan taken out by Leonora from PMPC. She plans to use the additional revenue generated from the loan to improve and 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.



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