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Marpie
Our featured micro-entrepreneur is Mrs. Marpie F., 37 years of age, married to Gregorio F., is a resident of Purok 3 Sta. Cruz, Tangub City. They are blessed with 3 children but only one is her dependent with age of 4 years. For their living, her husband is a caretaker of a farm with a monthly wage of 5,000 Php and some allowances. But this amount is not sufficient to meet their needs and this is the reason why Mrs. F. decided to engage in different businesses. At present, she has a little sari-sari store inside her house. She is also a member of JTY, a direct selling company for RTW’s and also a retailing activity for dried fish. As a new member of PAGLAUM MPC this month, she is applying an amount of 5,000 Php to add her capital and additional amount to build a proper stall for her store. Her wish in life is to be able to support her son up to college.

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
  • 292
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marpie additonal capital for business and part to be used for building a stall for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2009
Listed
Sep 27, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010