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Lani
Lani E. is 42 years old and married to Antonio, a civil engineer. They are blessed with three children; all are studying. Lani was already business-minded before she became a member of Paglaum Co-op. She has a grocery store located at their house. She wants to borrow the amount of PHP 20,000 for additional capital to buy some stock of grocery items. She is a good and hard-working mother and always helps her husband in supporting the needs of the family.

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
  • 1044
    View loans »
    Philippines Loans Fundraising
  • $54,557,775
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Lani to buy additional stocks of grocery items for her store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2009
Listed
May 22, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010