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Ezelle
Ezelle C. is from the village of Balanlinao. She is 23 years old and is married with one school-aged child.

Ezelle owns and operates a business making and selling food, selling snacks and other delicacies in the local community. She has been engaged in her business for over two years and earns approximately 1,000 PHP a month.

In 2010, Ezelle joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 7,000 PHP from PMPC. This previous loan was used to to purchase additional products to sell.

Ezelle is requesting a new loan of 10,000 PHP which will be used to purchase additional inventory and used as working capital. This loan will be her 2nd from PMPC. She plans to use the additional revenue generated from the business to improve and expand her business.


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
  • 863
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 44.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Ezelle to purchase additional inventory and to use as working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2010
Listed
Aug 9, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2011