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Gilda
Gilda F. is from the village of Pan-ay, Clarin, Misamis Occidental. She is 33 years old. Gilda is married and has 3 school-aged children. To make a living, Gilda owns and operates a business venture in the agriculture sector, raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting a variety of vegetables for sale. Gilda is just starting this business.



In 2009, Gilda joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Gilda is requesting a loan of 3,000 PHP which will be used to purchase fertilizers such as manure. This will be the 1st loan taken out by Gilda from PMPC. She plans to use the additional revenue generated from the business to pay the tuition fees of her children.



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

  • $7,000
    Average annual income
  • 1044
    View loans »
    Philippines Loans Fundraising
  • $57,705,875
    Funds lent in using Kiva
  • 48.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Gilda to purchase fertilizers such as manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010