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Rolando
Rolando P., a 54 year old member of Paglaum, is married with four children and resides in Panaon, Misamis Occ.


The rice land he is tending is an inheritance from his parents. When he got married, this then became the family's source of income. He plans to add more capital to the farm to increase its yield. He dreams of a comfortable life ahead.

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
  • 1315
    View loans »
    Philippines Loans Fundraising
  • $56,474,950
    Funds lent in using Kiva
  • 48.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Rolando to use as additional capital to buy farm inputs.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2009
Listed
Apr 30, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010