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Emely
Emely N. is from the village of Southwestern Poblacion. She is 28 years old. She is married and has one school-age child. To make a living, Emely owns and operates a business buying and selling lumber. The main source of income for the business comes from selling lumber in the local community. Emely has been engaged in her business for over 8 years, and she earns approximately 4,800 PHP a month for these activities.


In 2009, Emely joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Emely has successfully repaid a previous loan of 10,000 PHP from PMPC. This previous loan was used as additional capital for her business. Emely is requesting a new loan of 14,900 PHP, which will be used for medical expenses. This loan will be the fourth loan taken out by Emely from PMPC.


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
  • 1279
    View loans »
    Philippines Loans Fundraising
  • $56,347,950
    Funds lent in using Kiva
  • 46.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Emely for medical expenses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2010
Listed
Jul 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011