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Julita
Julita P. is from the village of Mialen, Clarin, Misamis Occidental. She is 42 years old, is married, and has seven school-aged children.

Julita owns and operates a business raising pigs for sale. She has been engaged in her business for over twenty-six years and earns approximately 3,000 PHP a month.

In 2009, Julita joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 3,000 PHP which will be used to purchase piglets to raise and sell. This loan will be her first from PMPC. She plans to use the additional revenue generated from the business to supplement her family's income.


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
  • 273
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 48.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Julita to buy piglets to raise and sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2009
Listed
Aug 28, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010