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Evangeline
Evangeline F. is from the city of Oroquieta. She is 40 years old. Evangeline is married and has a school-aged child. To make a living, Evangeline owns and operates a "pansit" (fresh canton) business, making and selling food. The main source of income for the business comes primarily from selling specialty food products in the local community. Evangeline has been engaged in her business for over a year and earns approximately 10,000 PHP a month.


In 2008, Evangeline joined PMPC to gain access to financial services. She hoped to help improve her living situation and to increase her ability to engage in business activities. Evangeline has successfully repaid a previous loan of 10,000 PHP from PMPC.


Evangeline is now requesting a new loan of 14,900 PHP, which will be used to purchase raw ingredients needed to make her food products for sale. This loan will be the third loan taken out by Evangeline 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

  • $1175
    Average annual income
  • 1078
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 48.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Evangeline to purchase raw ingredients needed to make her food products for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2009
Listed
Aug 14, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010