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Fe
Fe L. is 48 years old, married with 4 children. They live at Macabayao, Jimenez, Misamis Occidental, Philippines. In order to uplift their income, she sells pancakes, suman, etc. that she bakes with the help of her husband. She is now requesting a loan amounting to Php 14,900 as additional capital for her snack vending. Such a business enables them to send their children to school. She dreams of having a better life, a good income and that their children will finish their studies.

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
  • 244
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Fe additional capital for snack vending.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2009
Listed
Jun 26, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010