Check out some available loans that are similar to this one!
Camila
Camila A. is from the village of Fatima. She is 58 years old. Camila is widowed and has seven grown children. To make a living, Camila owns and operates a business, selling daily use products such as shampoo, soap and toothpaste in the local community. Camila has been engaged in her business for over fifteen years and earns approximately $113 a month from this activity.

In 2009, Camila joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Camila has successfully repaid a previous loan of 5,000 PHP from PMPC. This previous loan was used to purchase additional products to sell. Camila is requesting a new loan of 5,000 PHP which also will be used to purchase additional products to sell. This will be her 2nd loan from PMPC. She plans to use the additional revenue generated improve her business.

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
  • 1163
    View loans »
    Philippines Loans Fundraising
  • $54,849,700
    Funds lent in using Kiva
  • 45.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Camila to purchase additional products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2009
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011