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Juliet is from the village of P-2 Nailon Tudela Misamis Occidental. She is 29 years old, married, and has one school-aged child. To make a living, Juliet sells rice in the local community.

Juliet has been engaged in her business for six years and earns approximately 10,000 Philippine pesos (PHP) a month from it. Juliet joined PMPC to gain access to financial services to help improve her living situation and ability to do business. She has successfully repaid a previous loan of 50,000 PHP from PMPC. This previous loan was used to purchase additional rice to sell.

Juliet is requesting a new loan of 50,000 PHP with which she will purchase additional inventory and use for working capital. This loan will be the second loan taken out by Juliet from PMPC. She plans to use the additional revenue generated from the business to improve and expand her business.

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
  • 1941
    View loans »
    Philippines Loans Fundraising
  • $61,097,225
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Juliet to purchase rice products for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 24, 2011
Mar 26, 2011
Currency Exchange Loss:
Mar 15, 2012