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Jovita
Paglaum MPC was created to run programs and offer services to those who need financial assistance and to provide business training. Jovita B. became a member of Paglaum on April 2008.



Jovita lacks financial capital for her sari-sari store. (The word sari-sari is Tagalog for "various kinds"). Jovita only had enough money to build the sari-sari. She is requesting PHP 14,900 to buy additional goods for sale. She is thankful that she can earn additional income for her family aside from her husband.



Jovita hopes to expand her sari-sari to a mini grocery store and to have a house of their own for the family.

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
  • 1112
    View loans »
    Philippines Loans Fundraising
  • $54,688,850
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Jovita buy additonal goods for sari-sari store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2009
Listed
Apr 18, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009