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Melissa
Melissa L. is from the village of Calamba. She is 46 years old, married and has adult-aged children. Melissa owns and operates an Internet cafe. Melissa has been involved in her business for over 1 year and earns approximately 5,000 PHP a month from it.

In 2004, Melissa joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Melissa has successfully repaid a previous loan of 12,000 PHP from PMPC, which was used as additional capital for her business. Melissa is requesting a new loan, her 7th, of 12,000 PHP, which will be used to purchase accessories for computers.

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
  • 414
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 45.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Melissa to purchase accessories for computers.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011