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Mery Cris
Mery Cris C. is from the village of Biasong, Dipolog City. She is 32 years old, married, and has 2 adult children. Mery Cris operates a family member's business in the retail sector, primarily buying and selling rice. She has been engaged in this business for 1 year and earns approximately 10,000 PHP a month.

In 2010, Mery Cris joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 15,000 PHP from PMPC. This previous loan was used to expand her business. Mery Cris is requesting a new loan of 30,000 PHP, which will be used to purchase palay (rice grain) for her rice trading business. This will be the 2nd loan taken out by Mery Cris from PMPC. She plans to use the additional revenue generated to improve the general living conditions 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

  • $1175
    Average annual income
  • 300
    View loans »
    Philippines Loans Fundraising
  • $52,217,850
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mery Cris to purchase palay.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 16, 2010
Jan 11, 2011
Currency Exchange Loss:
Jul 15, 2011