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Perla R. is from the village of Panaon, Misamis Occidental. She is 38 years old. Perla is married and has two school-aged children. To make a living, Perla sells charcoal products in the local community. Perla has been engaged in her business for over five years and earns approximately 8,000 PHP a month from these activities.

In 2005, Perla joined PMPC to gain access to financial services. She wished to help improve her living situation and increase her ability to engage in business activities. Perla has successfully repaid a previous loan from PMPC. Perla is requesting a new loan of 40,000 PHP, which will be used to purchase additional charcoal products to sell. This loan will be the ninth loan taken out by Perla 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.

About Philippines

  • $7,000
    Average annual income
  • 1443
    View loans »
    Philippines Loans Fundraising
  • $59,280,625
    Funds lent in using Kiva
  • 44.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Perla to purchase additional charcoal products to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 25, 2010
Apr 14, 2010
Currency Exchange Loss:
Sep 15, 2011