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Loreta
Mrs. Loreta L. is 47 years old and is from Dolores, Clarin, Misamis Occidental. She is married to a farmer and they have four children: 2 are married and the other 2 are still studying at the secondary level. She has been a member of Paglaum MPC since 2005 and has a very excellent repayment record.
Now she is applying for a loan of Php 55,000.00 to purchase a motorcycle to deliver their farm harvest to the market.

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
  • 362
    View loans »
    Philippines Loans Fundraising
  • $50,877,675
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Loreta to purchase motorcycle for transportation.
100% repaid
Repayment Term
37 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2009
Listed
May 27, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012