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Merlinda
Merlinda L. is from Carmen Annex, Ozamiz City. She is 47 years old and still single. She is currently engaged in a dressmaking business and at the same time she is working as a caregiver for two children. She has been engaged in this business for two years and earns approximately 10,000 PHP a month.

In 2006, Merlinda 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 PHP 20,000 PHP from PMPC.

Merlinda is now requesting a new loan of 20,000 PHP which will be use to purchase additional materials in her dressmaking business. This will be her 5th loan from PMPC. 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

  • $1175
    Average annual income
  • 1151
    View loans »
    Philippines Loans Fundraising
  • $54,862,550
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Merlinda to purchase additional materials for her dressmaking business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 23, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012