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Helen
Skilled in cooking and food processing, this is the hobby of Mrs. Helen R., 40 years of age and a resident of Labuyo, Tangub City. She is married to Maximino R. Jr., a government employee. They are blessed with four children, all of whom are now of school-age.

Helen started her carinderia (eatery) ten years ago with an initial capital of only P800. She was able to sustain the business even when we experienced economic crises in the country.

Helen joined Paglaum MPC a year ago because she is very much interested in our products and services and for our being one of the most outstanding cooperatives in Northern Mindanao, and the awarded coop for being “Most Outstanding Cooperative in the Philippines” during the search for the COOP-LGU Partnership Award 2006.

With a good credit record and with capacity, she was able to obtain multiple loans. Now she is given the privilege of obtaining a loan of P8,000 to add the capital of her carinderia and to buy and sell hotdogs and milk powder.

Helen’s only dream in life is to be able to support her children especially in their education.

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
  • 354
    View loans »
    Philippines Loans Fundraising
  • $50,890,275
    Funds lent in using Kiva
  • 47.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Helen to use as additional capital for her carinderia and to buy hotdogs and powdered milk to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2009
Listed
Dec 3, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010