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Maquinto
Maquinto T. is in her fourth loan cycle and has been able to pay back her loans with no problems. She is a good member who has been doing her business for many years. She is engaged in food vending, making Puto Conchenta, and other kakanin (Filipino rice snacks). She has a lot of customers because of the good taste of her product. All her children are in school. Her loan will be use to purchase equipment and as additional capital.

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
  • 1220
    View loans »
    Philippines Loans Fundraising
  • $57,844,575
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Maquinto additional Capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Mar 9, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011