Check out some available loans that are similar to this one!
Romula B. is from the city of Oroquieta, Misamis Occidental. She is 54 years old, married, and has 3 adult-aged children. She owns and operates a flower vending business and she is now expanding delivery into neighboring towns. Romula has managed this business for more than 8 years and earns approximately 9,000 PHP a month from it.

Romula joined PMPC to gain access to financial help to improve her living situation and ability to engage in business activities. She successfully repaid her previous loan of 50,000 PHP from PMPC. Romula is requesting a new loan, her 13th, of 50,000 PHP, which will be used to invest in expanding her business. She plans to use the additional revenue generated from the business to improve her family's general living conditions.

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
  • 945
    View loans »
    Philippines Loans Fundraising
  • $63,405,800
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Romula to purchase additional flowers and pesticides.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 30, 2010
Apr 17, 2010
Currency Exchange Loss:
Oct 15, 2011