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Elizabeth
Elizabeth B. is from Gango, Ozamiz City. She is 46 years old, married to Efren B., and blessed with five adult children.

Elizabeth owns and operates a “sari-sari” (variety) store selling a variety of products to local community members. She has been engaged in her business for almost thirty years since she married her husband. She earns approximately 4,000 PHP a month.

In December 2005, Elizabeth joined Paglaum MPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan from PMPC.

Elizabeth is now requesting a new loan of 14,900 PHP which will be used to purchase more products to sell. This loan will be her 9th from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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
  • 1078
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Elizabeth to use as additional capital for her sari-sari store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2009
Listed
Sep 28, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010