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.
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.