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Josephine
Mrs. Josephine S., 45 years of age, is a sari-sari (general) store owner and a gasoline retailer. She is married, but separated, and a resident of Maquilao, Tangub City. She is blessed with three children, two of whom are still dependent minors. She is also receiving support from her common-law husband who is a fisherman. To help support their family needs, she began a sari-sari store and for five years she has been able to maintain her business. She joined Kiva partner PAGLAUM MPC two years ago because she was very much interested in PMPC's wide product offerings. With her good credit record, she was given the privilege to apply for a loan of 5,000 PHP as her fifth loan to allow her to add to the capital of her sari-sari store and gasoline retailing business. The future income from this business will be used for their daily basic needs and savings.

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
  • 943
    View loans »
    Philippines Loans Fundraising
  • $53,508,550
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Josephine to provide additional capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010