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Marilyn
Mrs. Marilyn B. is 50 years of age, married, and has five children. An active member of the Paglaum Co-op, she has already availed several loans financed to her business selling longanisa. She also engages in dealing RTWs. Her sources of household income are from the business and the salary of her husband. Marilyn availed another loan from the Co-op for the purchase of additional stocks of longanisa to generate more income to support the education of her children since the salary of his husband is insufficient to provide for all their needs.

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
  • 971
    View loans »
    Philippines Loans Fundraising
  • $54,483,000
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marilyn to purchase of longanisa to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2009
Listed
Apr 8, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010