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Helen Angcap's Group
In this Group: Helen , Evelyn, Preciosisima, Marivic, Ma. Nancy
Mrs. Helen A., 40 years of age, is a widow who resides in Bintana, Tangub City. Helen is the group leader of a five-member group loan offered by PMPC. While each of the group members receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is Helen A.’s Group.

Helen was blessed with two children who are now school age. For her living, she decided to engage in operating a sari-sari store and a banana buy and sell business. For four years, she has been able to maintain the businesses during ups and downs. Now she earns an average net income of not less than P 3,500 a month, which is very helpful to her family. She joined the cooperative in 2009. As an active center chief and member of the PDP-LP Program of PAGLAUM MPC, a micro-finance program that reaches out to the rural poor, she is requesting an amount of P5,000 as her second loan t to add capital to her existing sari-sari store and banana buy and sell business. The future income from this loan will be used to improve the living conditions of her family, to meet their basic needs and save for future use. She is hoping that someday her business will become more progressive.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $7,000
    Average annual income
  • 727
    View loans »
    Philippines Loans Fundraising
  • $63,194,275
    Funds lent in using Kiva
  • 45.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Helen Angcap's Group's $650 loan helped a member as additional capital for her existing businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 30, 2010
Jun 1, 2010
Currency Exchange Loss:
Nov 15, 2010