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Naida is from the village of Adorable, Jimenez, Misamis Occidental. She is 58 years old, married and has one school-aged child. To make a living, Naida buys and sells coconuts in the local community.

Naida has been engaged in her business for 5 years and earns approximately 2000 PHP a month for these activities. Naida joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 12,000 PHP from PMPC. This previous loan was used to purchase coconuts to sell.

Naida is requesting a new loan of 25,000 PHP with which she will purchase additional coconuts to sell. This will be the sixth loan taken out by Naida from PMPC. She plans to use the additional revenue generated from the business to improve/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
  • 991
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Naida to buy more coconuts to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 31, 2011
Apr 21, 2011
Currency Exchange Loss:
Oct 15, 2012