Check out other loans that are currently fundraising!
Gina
Gina D. is from the village of Pan-ay, Clarin, Misamis Occidental. She is 44 years old. Gina is married and has two school-age children. To make a living, Gina owns and operates a general store, selling a variety of different products in the local community. Gina has been in business for over 15 years and earns approximately 1,300 PHP a month.

In 2009, Gina joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Gina is requesting a loan of 5,000 PHP, which will be used to purchase additional products to sell. This loan will be the first loan taken out by Gina 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
  • 981
    View loans »
    Philippines Loans Fundraising
  • $53,516,825
    Funds lent in using Kiva
  • 48.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Gina to purchase additional products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2009
Listed
Aug 26, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010