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Erlinda
Erlinda Remolan has a sari-sari store for generating her daily income. She is 56 and a widow living in Buenavista, Pagadian City, Zamboanga Del Sur. All of her children are already married. She has applied for a loan of 14,000 PHP. The money will be used as additional capital for her store. She hopes to replace her sari-sari store with a concrete one and she also plans to save for her retirement.

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
  • 1404
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 47.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Erlinda to restock a sari-sari store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2009
Listed
May 9, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010