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Petronila
Petronila C. is from the village of Sapang Ama, Sapang Dalaga. She is 47 years old, married and has six adult children. To make a living, Petronila owns and operates a business in the arts sector weaving nipa, a native roof in the local community. While not the only means for generating revenue, the main source of income for the business comes from selling of nipa. Petronila has been engaged in her business for more than 23 years and earns approximately 4,000 PHP a month for these activities.


In 2006, Petronila joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Petronila has successfully repaid a previous loan of 50,000 PHP from PMPC. Petronila is requesting a new loan of 11,000 PHP, which will be used on nipa plantation. This loan will be the ninth loan taken out by Petronila 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.

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
  • 224
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 44.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Petronila pawned nipa plantation.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2010
Listed
Aug 9, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2011