Rogelio said, he is thankful for the cooperative because of the financial assistance given to his family. Today, he is applying for PHP 40,000 to buy additional goods for his sari-sari store business. He hopes for a bountiful life ahead. He also dreams of expanding his “sari-sari” store into a General Merchandise store someday.
About Paglaum Multi-Purpose CooperativePaglaum 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.
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Success!! The loan was 100% repaid