Pablita P. is from the municipality of Mohon, Aloran, Misamis Occidental. She is 64 years old, married, and has four adult children.
In 2003, Pablita 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 10,000 PHP from PMPC and is requesting a new loan of 12,000 PHP, which will be used to purchase coconuts. This loan will be her tenth from PMPC.
Pablita plans to use the additional revenue generated from the business to improve and expand her business in the market. She has been in this kind of business for over thirty years and earns approximately 3,000 PHP a month.
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.