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Carmen C. is 36 years old, married and has two school-aged children. She is from the village of R J Macias in Sindangan municipality, a part of Zamboanga del Norte province on the Mindanao islands. Carmen runs a general store from which she sells a variety of different products to the local community. She has been in business for over ten years and earns approximately 8,000 PHP a month.

In 2010 Carmen joined PMPC to gain access to its financial services. Carmen successfully repaid a previous loan of 10,000 PHP from PMPC which she used to purchase additional inventory and for working capital. Carmen is requesting a new loan of 20,000 PHP that will be used to purchase new items to expand her product line. She plans to use the additional revenue generated to financially support immediate members of her family.

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 one-on-one translations of entrepreneur profiles are costly, Kiva created this template for our Field Partner to allow it 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

  • $7,000
    Average annual income
  • 805
    View loans »
    Philippines Loans Fundraising
  • $63,360,225
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Carmen to purchase new items to expand her product line.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 9, 2010
Oct 8, 2010
Currency Exchange Loss:
Oct 15, 2011