Check out other loans that are currently fundraising!
Leonora is from the village of Mobod, Oroquieta City, Philippines. She is 61 years old, a widow and has four adult children.

To make a living, Leonora sells fish in the local community. She has been engaged in her business for three years and earns approximately 6,000 PHP a month for these activities.

Leonora joined PMPC to gain access to financial services to help improve her business and living situation. Leonora is requesting a new loan of 5,000 PHP with which she will purchase more fish to sell. This will be the third loan taken out by Leonora from PMPC. She plans to use the additional revenue generated from the loan 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
  • 1009
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Leonora to purchase more fish to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Apr 28, 2011
May 31, 2011
Currency Exchange Loss:
Dec 15, 2011