The business started when Joan became a member of Paglaum Multi-purpose Cooperative in September 2005. She thought that this business would be ideal for them because they are near the river bank. Financial Assistance was provided by the cooperative. She has obtained loans several times already.
Today, Joan applies for PHP 20,000 to pay the daily wages of the workers. In the future, the couple dreams of becoming the supplier of sand and gravel to a big construction company.
About Paglaum Multi-Purpose CooperativePaglaum 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.
353View loans »