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Joy A., from Catadman, Ozamiz City, is 29 years old and still single. She is currently employed at Appliance Center and also sells Avon products such as perfume, lotion, beauty products, etc. to her neighbors and friends. Engaged in this business for four years, she earns approximately 5,000 PHP a month.

In 2011, Joy joined PMPC to gain access to financial services to improve her living situation and her ability to engage in business activities. She is now requesting her first loan of P50,000 PHP to help in the construction of their new home and to purchase more Avon products to sell. She plans to use the additional revenue generated from the business to improve the living standard 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

  • $7,000
    Average annual income
  • 1536
    View loans »
    Philippines Loans Fundraising
  • $59,090,400
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Joy to help construct her new home and buy products for her Avon business.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Mar 22, 2011
Mar 17, 2011
Currency Exchange Loss:
Sep 15, 2012