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Carmelita
Mrs. Carmelita A. is 52 years of age. She is married and has two children. She signed up for her Paglaum membership because she is attracted to the various programs and services that the cooperative has offered.

She runs a sari-sari (variety) store and she sells fruit. Despite going through a lot of challenges in her business pursuits, Carmelita believes in hard work. She said that Paglaum is true to its word in bringing hope to its members and potential members. With the wide array of programs and services, the members can find it all with Paglaum. She dreams of sending all of her children to college.

Additional Information

About Paglaum Multi-Purpose Cooperative

Paglaum Multi-Purpose Cooperative (PMPC) was founded in 1992 by the beneficiaries, parents and staff of the Paglaum Community Development Foundation to address economic and livelihood activities for sustainability. The organization operates in the northwestern provinces of Mindanao and Visayas.

In the local vernacular, “paglaum” means “hope.” The initial foundation is dedicated to child development through a holistic approach. The goal is to build self-reliance and expand opportunity so the poorest of the poor can help themselves.

About Philippines

  • $1175
    Average annual income
  • 351
    View loans »
    Philippines Loans Fundraising
  • $50,801,300
    Funds lent in using Kiva
  • 47.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Carmelita to buy fruit in addition to sari-sari store stocks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2009
Listed
Apr 7, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009