Kiva Loan Number 30

Curved Against Dusk's Incursion

Location: La Libertad, Zamboanga del Norte, Philippines

Sector:Food Activity:Grocery Store

Loan Use:Working capital for store

Repayment Term:20 months

To make a living, Ramonito runs a grocery store selling household items. He is from the village of Poblacion, Lalibertad. Ramonito is 40 years old, married and blessed with two school-aged children.

In 2009, Ramonito joined PMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Ramonito has successfully repaid a previous loan of 7,000 PHP from PMPC. This previous loan was used to purchase new stocks. Ramonito is requesting a new loan of 50,000 PHP, which will be used as working capital for his business. This loan will be the 4th loan taken out by Ramonito from PMPC.

(click to continue reading Kiva – Lend > Ramonito from Philippines.)


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