Mrs. Jane T. is 31 years old, married and lives at San Vicente Alto, Oroquieta City. She has 2 children. Her husband is a tricycle driver. Determination and hard work are what Mrs. T. believes in. She joined Paglaum Multi-Purpose Cooperative last July 2007 to avail herself of its loan facilities. The coop taught their members to have a "livelihood project," or business, in order to become productive and self-reliant. At this time, her husband drives a tricycle they bought with a loan which they have since paid off. Now, she applies for PHP 35,000 to buy additional goods for sale and franchise for their tricycle.
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.