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Leonida P. lives in Buenavista, Pagadian City, Zamboanga Del Sur. She is 53 years old and married. Her husband works as a jail guard. Mrs. Leonida applied for the loan of PHP 14,000 to purchase junk and other scrap materials. One of the richest men in the Philippines started like her, collecting and purchasing junk (used bottles and cans) and other scrap materials (like old newspapers and magazines)from different households and offices and sell these in waste recycling businesses; now he owns prime real properties in the Philippines, Taiwan and Hongkong. His story is always an inspiration for Leonida. The income she generates from her business helps their daily expenses and paying the tuition fees of her children. She plans to have sari-sari store aside from her junk shop.

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
  • 1073
    View loans »
    Philippines Loans Fundraising
  • $63,436,400
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Leonida to purchase junk and scrap materials for her junk shop business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 28, 2009
May 22, 2009
Currency Exchange Loss:
Mar 15, 2010