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Vivian
Vivian C. is from the village of Matuga Bajo Jimenez, Misamis Occidental. She is 60 years old. Vivian is married and has three adult children. To make a living, Vivian owns and operates a transportation business. While not the only means for generating revenue, the main source of income for the business comes primarily from providing transportation services to local community members. Vivian has been engaged in her business for more than six years and earns approximately 10000 PHP a month for these activities.

In 2006, Vivian joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Vivian has successfully repaid a previous loan from PMPC. Vivian is requesting a new loan of 25000 PHP, which will be used to purchase materials needed to provide transportation services. This loan will be the sixth loan taken out by Vivian 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
  • 1456
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Vivian to purchase materials needed to provide transportation services.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 17, 2011