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Emma
Emma D. is from the village of Maribojoc, Tudela, Misamis Occidental. She is 36 years old. Emma is married and has two school-aged children. To make a living, she owns and operates a business of providing transport services to local community members. She has been engaged in her business for over three years and earns approximately $350 a month for these activities.

In 2005, Emma joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 20,000 PHP from PMPC. This previous loan was used to repair a transport vehicle used in the business.

Emma is requesting a new loan of 30,000 PHP which again will be used to repair a transport vehicle used in the business. This will be her 9th loan from PMPC. She plans to use the additional revenue generated from the business 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 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

  • $7,000
    Average annual income
  • 1444
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Emma to repair a transport vehicle used in the business.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012