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Evangeline
Evangeline D. is from the village of Capundag, in Sapang Dalaga, Misamis Occidental. She is 33 years old, married and has 2 school-aged children. In 2006, Evangeline joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Evangeline has successfully repaid a previous loan of 45,000 PHP from PMPC. She is now requesting a new loan of 36,000 PHP which will be used to redeem her coconut plantation. This loan will be the 4th loan taken out by Evangeline from PMPC. She plans to use the additional revenue generated from the business to improve the general living condition of her family.

About PMPC: Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in north-western 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
  • 235
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 46.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Evangeline to redeem her coconut plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011