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Nelybeth Pao  Group
In this Group: Nelybeth, Alma, Virginia
Nelybeth P. is from the village of Salimpuno, Sapang Dalaga, Misamis Occidental. She is 25 years old. Nelybeth is the group leader of a 3-member group loan offered by PMPC. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is Nelybeth P. Group. Nelybeth is married and has 1 school-aged child. To make a living, Nelybeth is engaged in farming cassava. Nelybeth has been engaged in her business for over 3 years and earns approximately 3,000 PHP a month for these activities.

In 2007, Nelybeth joined PMPC to gain access to financial services to help improve her living situation and to have the ability to engage in business activities. Nelybeth has successfully repaid a previous loan of 5,000 PHP from PMPC. This previous loan was used to purchase raw ingredients needed for her cassava plantation. Nelybeth is requesting a new loan of 14,900 PHP, which will be used to finance her cassava plantation. This will be the 4th loan taken out by Nelybeth from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $7,000
    Average annual income
  • 1942
    View loans »
    Philippines Loans Fundraising
  • $61,098,225
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Nelybeth Pao Group's $800 loan helped a member additional capital for banana, cassava plantation.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Jan 23, 2010
Feb 22, 2010
Currency Exchange Loss:
Oct 15, 2010