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Jerry I. is a 32-year-old business man from Burgos, Oroquieta City, Mis. Occ. He is married and has 2 children. He operates a “sari-sari” (general) store business. He plans to use the loan from Paglaum to buy additional goods for sale. His regular customers are his friends, neighbors, and passersby. He dreams of expanding his business someday to provide for his children's future.

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
  • 861
    View loans »
    Philippines Loans Fundraising
  • $63,390,150
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Jerry to buy additional goods for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 12, 2009
May 22, 2009
Currency Exchange Loss:
Oct 15, 2009