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Elvira P. is from the village of Villa M Tejero, Liloy, Zamboanga Del Norte. She is 38 years old, married and has two school-aged children. To make a living, Elvira owns and operates a business venture in the food sector running a food stall. While not the only means for generating revenue, the main source of income for the business comes from selling seafood products such as fish and shrimp in the local community. Elvira has been engaged in her business for over 10 years and earns approximately 10,000 PHP a month from these activities.

In 2009, Elvira joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. As with her previous loan of 10,000 PHP from PMPC which she has successfully repaid, this new loan of 20,000 PHP will be used to purchase additional products to sell. This will be the fifth loan that Elvira has taken out from PMPC. She plans to use the additional revenue generated to improve/expand her business.

About PMPC:

Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in north-western 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
  • 869
    View loans »
    Philippines Loans Fundraising
  • $63,374,250
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Elvira to purchase additional products to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Oct 7, 2010
Nov 5, 2010
Currency Exchange Loss:
Oct 15, 2011