Constancia M. is from the village of Pob. Manukan. She is 55 years old. Constancia is married and has three children. To make a living, Constancia owns & operates a general store. While not the only means for generating revenue, the main source of income for the business comes from selling daily use products such as shampoo, soap & toothpaste in the local community. Constancia has been engaged in her business for over 10 years and earns approximately 4,000 PHP a month for these activities.
In 2010, Constancia joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Constancia is requesting a new loan of 10,000 PHP which will be used to purchase additional stock for her sari-sari (variety) store. This will be the 3rd loan taken out by Constancia from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
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.