Liza M. is a resident of Labakid, Sindangan, Zamboanga del Norte. She is 33 years old, married and has one school-aged daughter. To make a living, Liza owns a rice retailing business.
In June 2007, Liza joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 14,000 PHP from PMPC. Liza is requesting a new loan of 14,900 PHP, which will be used to purchase more sacks of rice for sale. She believes that with the help of Paglaum MPC, her business will prosper.
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.