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Corazon
Mrs. Corazon A. is a 48-year-old from Labo, Aloran, Misamis Occidental. She is married to a carpenter/ farmer and blessed with seven children. Due to financial difficulties, she decided to engage in food vending. She started a business with a minimal amount only. Being a member of Paglaum MPC she is able to acquire additional capital for her business.



She sells a variety of viands to neighbors, friends, and relatives. She is coping well with the challenges of her business. Now, she wants a loan of PHP 4,000. Determination in life is what she has. Her heart’s desire is to have a small stall for a sari-sari (variety) store and to send their children to school and witness them be successful in the 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

  • $1175
    Average annual income
  • 1309
    View loans »
    Philippines Loans Fundraising
  • $56,524,250
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Corazon additional capital for food vending.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2009
Listed
May 22, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009