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Bethylyn
Mrs. Bethylyn O., 45, is a resident of Brgy. Siare, Sindangan, Zamboanga del Norte. She is married to Jovenal and they have three children. She earns money through fish vending, supported by her husband who is a fisherman. They started with only one fishing boat and through their hard work and good way of living, they were able to buy another one. The purpose of their loan is to buy additional fishing equipment such as fishing net and a motorboat. They want to have another fishing boat for extra income to enable them to send their children to school. They also wish to renovate their house.

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
  • 1366
    View loans »
    Philippines Loans Fundraising
  • $56,526,750
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Bethylyn additional capital (fish vending).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2009
Listed
Apr 22, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010