Check out some available loans that are similar to this one!
Daisy
Daisy A. is from the village of Libertad Alto in Sinacaban, Misamis Occidental, Philippines. She is 34 years old. Daisy is single. To make a living, Daisy owns and operates a general store where she sells a variety of different products in her local community. Daisy has been engaged in her business for over 11 years and earns approximately 1,200.00 PHP a month for these activities.

In 2007, Daisy joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Daisy has successfully repaid a previous loan of 12,000.00 PHP from PMPC. This previous loan was used to to purchase additional inventory and as working capital.



Daisy is requesting a new loan of 5000 PHP that she will use to purchase additional products to sell. This will be Daisy's fifth loan from PMPC. She plans to use the additional revenue generated from the business to improve and expand her business.



About PMPC:

Paglaum Multi-Purpose Cooperative (PMPC is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 1382
    View loans »
    Philippines Loans Fundraising
  • $56,526,750
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Daisy to purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2009
Listed
Jun 4, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009