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Our featured entrepreneur is an active Barangay official from Silangit, Tangub City. Mrs.Osita R. is a Barangay Councilor, 53 years of age, married and blessed with 4 children, 2 young adults and 2 teenagers. Her husband earns an income as a “jabal-jabal” (single motor vehicle for hire) driver. Although he earns an average income of 150 PHP a day, it is not enough to support the family and that is why Mrs. R. undoubtedly engaged in business. She opened up a little sari-sari store and for 2 years she has been able to sustain her business. She is now earning an average net income of 1,500 PHP a month. With good luck, she was also elected as a Barangay Councilor and earns an average honorarium of 3,000 PHP a month, which is so helpful.

With her good reputation in Barangay and her good credit repayment record, Mrs. R. was given the privilege to obtain a first loan of 5,000 PHP. She is now applying for a loan in the amount of 20,000 PHP to add to her capital for her sari-sari store. The future income from this loan will be used to meet the family's daily needs, for loan repayment and for savings. Mrs. R. is hoping that someday her children will finish their studies right up to college, for their good future.

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
  • 1459
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Osita additional capital for her sari-sari store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 26, 2010
Apr 17, 2010
Currency Exchange Loss:
Apr 15, 2011