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Jelina
Jelina A. is from the town of La Libertad. She is 57 years old. Jelina is married and has two adult-aged children. To make a living, Jelina owns and operates a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes from selling soft drinks, beer, and wine in the local community. Jelina has been engaged in her business for over four years and earns approximately 10,000 PHP a month for these activities.


In 2009, Jelina joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Jelina is requesting a new loan of 50,000 PHP, which will be used to purchase additional inventory and as working capital. This loan will be the first loan taken out by Jelina from PMPC. She plans to use the additional revenue generated from the business to improve/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
  • 388
    View loans »
    Philippines Loans Fundraising
  • $50,847,100
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Jelina to purchase additional inventory and as working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2009
Listed
Jul 30, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010