Jocelyn P. is from the village of Gotocan Daku, Ozamiz City, Misamis Occidental. She is 42 years old. Jocelyn is married and has two school-aged children. To make a living, Jocelyn owns and operates a hog raising business. She has been engaged in this business for 5 years and earns approximately 3,000 PHP a month.
In 2007, Jocelyn joined PMPC to gain access to financial services to help improve her living situation by engaging in business activities. She has successfully repaid a previous loan of 5000 PHP from PMPC. Jocelyn is requesting a loan of 12,000 PHP which will be used to purchase livestock feed and other supplies. This will be her 6th loan from PMPC. She plans to use the additional revenue generated to improve her business.
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.
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.