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Nora
Mrs. Nora L. is from the village of Tugas, Baliangao Misamis, Occidental. She is 51 years old, married and blessed with 3 children.


She has been engaged in her business for more than 7 years. She earns 8500 PHP monthly from her business.


In 2006, Nora joined PMPC to access their programs and services. Currently she's requesting her 5th loan, for 50000 PHP, that she will use as additional capital for her hog-raising business.


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
  • 1290
    View loans »
    Philippines Loans Fundraising
  • $56,442,200
    Funds lent in using Kiva
  • 47.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Nora additional capital for hog-raising business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010