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Linda
Linda A. is from the village of Bunawan, Calamba. She is 45 years old, married, and has 2 school-age children. To earn a living, Linda owns and operates a business venture in the agriculture sector. More specifically, she plants and harvests assorted crops to sell for a profit. Linda has been engaged in her business for over 15 years and earns approximately 10,000 PHP per month from these activities.



In 2003, Linda joined Paglaum Multi-Purpose Cooperative (PMPC) to gain much-needed access to financial services. As a result, she was able to engage in business activities and to thereby improve her family's standard of living. Notably, Linda has successfully repaid a previous loan in the amount of 20,000 PHP from PMPC. This prior loan was used as additional capital for her business. Linda is now requesting another loan, this time in the amount of 25,000 PHP ($575), which will be used to rent a parcel of land. This loan would be the eighth loan taken out by Linda from PMPC.



About PMPC: 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

  • $7,000
    Average annual income
  • 1482
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Linda to expand her business by renting a parcel of land.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Sep 7, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011