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Lenie
Mrs. Lenie A. is one of the thousands of members of Paglaum, and she is a member in good standing who joined in April 2004. She lives in Magsaysay, Baliangao, Misamis Occidental, is married, and blessed with four children, three in elementary and one who is one-year old. Mrs. A. is requesting a loan to help her and her husband cultivate their rice field. The loan will be used to purchase fertilizers, chemicals, and to pay for the laborer needed to help with growing their crop. Mrs. A. is very inspired and thank to Paglaum MPC for giving her the opportunity to borrow money that helps her and her family improve their daily lives.

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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Lenie to purchase fertilizer/chemicals for rice production.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2009
Listed
May 26, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009