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Alice
Ms. Alice C. a single mom with one daughter. She is 58 years old and lives in Plaridel, Misamis Occidental. Her business is a beauty salon which she manages with her own ability and creativity. She studied cosmetology in Manila years ago. She is a member in good standing of Paglaum PMC, Kiva's partner. She seeks a loan of PHP 20,000 to buy supplies for her salon. She hopes that her business will grow better and be able to support her daughter's education.

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
  • 310
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 48.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Alice to purchase cosmetic materials to use in her parlor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2009
Listed
Apr 21, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009