With starting capital of 500 PHP from a lending investor, she was able to begin her business almost a year ago. Now she is earning an average net income of not less than 3,000 PHP. Upon hearing the good news of Paglaum MPC, she immediately joined the PDP-LP (Paglaum Development Program for Landless People) in the year 2006. With her good credit record, she has accessed multiple loans.
Now on her sixth cycle, she is applying for 8,000 PHP to buy one unit tricycle for her husband. Her hope in life is to be able to meet the daily needs of her family and give them a better education for their future.
About Paglaum Multi-Purpose CooperativePaglaum 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.
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