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Jorgita
Jorgita F. is from the village of Tamil, Jose Dalman, Zamboanga del Norte. She is 56 years old, a widow, and has 7 adult-aged children. To make a living, Jorgita owns & operates a business venture in the agriculture sector selling Agar-Agar. Jorgita has been engaged in her business for 12 years and earns approximately 8,000 PHP a month for these activities.

In 2008, Jorgita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Jorgita has successfully repaid a previous loan of 14,000 PHP from PMPC. This previous loan was used to purchase additional seaweed to sell. Jorgita is requesting a new loan of 40,000 PHP which will be used to purchase additional inventory & working capital. This loan will be the 5th loan taken out by Jorgita from PMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

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

  • $1175
    Average annual income
  • 339
    View loans »
    Philippines Loans Fundraising
  • $52,130,550
    Funds lent in using Kiva
  • 44.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Jorgita additional capital for her to buy and sell agar-agar.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 6, 2010
Currency Exchange Loss:
Possible
Ended:
May 18, 2011