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Liza R. is from the village of San Pedro. She is 47 years old. Liza is married and has 3 children. The eldest is an adult while the remaining 2 are school-aged. To make a living, Liza owns and operates a business venture in the aqua-culture sector, culturing oysters. The main source of income for the business comes from oyster culture known as "talaba". Liza has been engaged in her business for over 7 years with approximate average monthly earnings of 3,000 PHP.

In 2007, Liza joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Liza has successfully repaid a previous loan of 11,000 PHP from PMPC. Liza is requesting a new loan of 13,000 PHP which will be used to purchase materials for oyster culture activities. This will be the 5th loan taken out by Liza from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family and to support the education of her children.

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

  • $7,000
    Average annual income
  • 1880
    View loans »
    Philippines Loans Fundraising
  • $61,096,775
    Funds lent in using Kiva
  • 46.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Liza to purchase materials needed for aqua-culture of oysters.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 21, 2009
Nov 22, 2009
Currency Exchange Loss:
Aug 15, 2010