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Mrs. Luzvilla B. is from the Barangay (village) of Baybay Triunfo, near Ozamiz City, Misamis Occidental. She is 45 years old, married to Leoncio B., and blessed with 8 children at the college, high school and elementary levels. For the past 2 months, Luzvilla has been operating a sari-sari (variety) store to earn a living. She is also receiving regular support from her husband as a driver. She earns about PHP 2,000 a month from her business.

Just this year, Luzvilla joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. As a newly recognized member of Paglaum MPC under the Regular Loan Program, she is requesting a loan of PHP 20,000. This will be her 1st loan, and she will use it as additional capital for the business. She plans to use the additional revenue generated from the business for a variety of purposes, especially meeting her family’s basic needs, saving for the future, making loan repayments, educating her children and possibly acquiring land in the future.

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 Partners 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
  • 1182
    View loans »
    Philippines Loans Fundraising
  • $63,443,275
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Luzvilla additional capital for her newly opened sari-sari store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 14, 2010
Dec 14, 2010
Currency Exchange Loss:
Jan 15, 2012