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Marilyn
To make a living, Marilyn G. is engaged in the agriculture sector, particularly in growing crops to sell. While not the only means of generating revenue, the main source of her income is from selling of weaved "nipa" palm leaves for native roofs. She has been engaged in her business for 10 years and earns a monthly net income of 3500.00. Marilyn is 41 years old, married and blessed with one school-aged child. She is from the village of Dioyo, Sapang Dalaga.

In 2007, Marilyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Marilyn has successfully repaid a previous loan of 1,850 PHP from PMPC. This previous loan was used for personal purposes. Marilyn is requesting her 7th loan of 7,500 PHP which will be used for medical purposes.
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
  • 1401
    View loans »
    Philippines Loans Fundraising
  • $59,134,475
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Marilyn for medical purposes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2011
Listed
Jan 11, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011