Check out some available loans that are similar to this one!
Evelyn
Evelyn A. is forty years old, married and has three children. She is from the village of Pangalalan within the municipality of Sindangan, a part of Zamboanga del Norte province on the Mindanao islands. Evelyn sells a variety of different products from her sari-sari to the local community. She has been in business for over eight years and earns approximately 9,200 PHP a month.


In 2009, Evelyn joined PMPC to gain access to its financial services. She is requesting a new loan, her fourth from PMPC, of 30,000 PHP that will be used to purchase additional inventory for her shop and as working capital. 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
  • 1086
    View loans »
    Philippines Loans Fundraising
  • $57,648,050
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Evelyn to buy goods for her sari-sari store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2010
Listed
Jan 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013