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Elvie
Elvie N. is from the village of Colupan Settlement, Tudela, Misamis Occidental. She is 29 years old, is married, and has two school-aged children.

Elvie owns and operates a business planting and harvesting a variety of vegetables for sale. She has been engaged in her business for over eleven years and earns approximately 1,200 PHP a month.

In 2009, Elvie joined PMPC 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 of 5,000 PHP from PMPC. This previous loan was used to to purchase additional seeds, seedlings and young crops to raise.

Elvie is requesting a new loan of 7,000 PHP which will be used to purchase fertilizer such as manure. This loan will be her 3rd from PMPC. She plans to use the additional revenue generated from the business to pay her children’s tuition fees.


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
  • 340
    View loans »
    Philippines Loans Fundraising
  • $52,130,550
    Funds lent in using Kiva
  • 46.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Elvie to purchase fertilizer such as manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010