Check out other loans that are currently fundraising!
Norma
Norma C. is from the village of Southwestern. She is 71 years old, is married, and has four adult children. Her primary source of income comes from her monthly pension of 7,100 PHP.

In 2009, Norma joined PMPC to gain access to financial services and be able to obtain the different benefits offered by PMPC. She has successfully repaid a previous loan of 26,000 PHP from PMPC.

Norma is requesting a new loan of 55,000 PHP which will be used for her grandchild’s tuition fees. This loan will be her 4th 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
  • 894
    View loans »
    Philippines Loans Fundraising
  • $53,387,825
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Norma to pay her grandchild's tuition fees.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2010
Listed
Jul 6, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2012