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Nilda
Mrs. Nilda C. is 43 years old and married with four children. She is supported by her husband, who is a hard-working operator of a lumber planer, and by her daughter, who is already working abroad. Mrs. C. is a vendor of food. She started with her own capital but now her business needs a bigger amount from PMPC so she can sell more items. She applied for a loan of PHP 25,000.00.


She want to have her own residential lot with the help and financing from Kiva through Paglaum MPC.

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

  • $7,000
    Average annual income
  • 1456
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Nilda this loan will be used for food vending.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2009
Listed
May 8, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010