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Alicia
Alicia T. is from Tinago, Ozamiz City. She is 52 years old, married, and has 3 adult children. To make a living, she owns and operates a buying and selling business. She buys and sells fruits and vegetables. She has been engaged in this business for six years and earns approximately 5,000 PHP a month.

In 2008, Alicia joined PMPC to gain access to financial services to 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. She is now requesting a new loan of 20,000 PHP, which will be used to purchase additional fruits and vegetables to sell. This will be her 4th loan taken out from PMPC. She plans to use the additional revenue generated from the business to improve her family's standard of living.

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
  • 1080
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Alicia to purchase fruits & vegetables to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Jan 18, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012