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Marissa
Mrs. Marissa F. is 28 years old and married with 1 child. She lives in Nazareth, Buenavista, Pagadian City. In order to earn a living she takes in and raises pigs. In order to earn more money, she decided to sell hogs to the market.

Through Paglaum Multi-Purpose Cooperative (PMPC), she obtained the capital to purchase her original piglets and feed. Now, she is requesting a loan of PHP 10,000 to buy additional feed and expand her hog-raising business. Someday, she wants to build a concrete pig pen to provide more sanitary conditions. She hopes and prays that her business will grow and will benefit her family, supplementing her husband's income. She dreams of a good education for her child.

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
  • 1535
    View loans »
    Philippines Loans Fundraising
  • $56,698,350
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Marissa expand her hog-raising business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2009
Listed
Apr 11, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009