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Lilia
Lilia C. is from the village of Libertad Alto, Sinacaban, Misamis Occidental. She is 54 years old, is married, and has three adult children.

Lilia owns and operates a business making and selling food, selling snacks and other delicacies in the local community. She has been engaged in her business for over fourteen years and earns approximately 2,100 PHP a month.

In 2005, Lilia 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 9,000 PHP from PMPC. This previous loan was used to to purchase additional inventory and used as working capital.

Lilia is requesting a new loan of 14,900 PHP which will be used to purchase additional products to sell. This loan will be her 8th 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
  • 1108
    View loans »
    Philippines Loans Fundraising
  • $54,595,750
    Funds lent in using Kiva
  • 46.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Lilia to purchase additional products to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2010