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Warlyn
Warlyn A. is from the city of Oroquieta. She is 26 years old. Warlyn is married and has 3 very young children. To make a living, Warlyn owns and operates a sari-sari store (general store). The main source of income for the business comes from selling a variety of different products in the local community. Warlyn has been engaged in her business for over 7 years and earns approximately 8,000 PHP a month for these activities.



In 2003, Warlyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Warlyn has successfully repaid previous loans from PMPC. Warlyn is requesting a new loan of 30,000 PHP which will be used to purchase additional products to sell. This will be the 25th loan taken out by Warlyn from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.



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

  • $7,000
    Average annual income
  • 1491
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Warlyn to purchase additional products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2009
Listed
Jul 28, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010