Emma is from Gango, Ozamiz City. She is 58 years old and married to Artemio. They are blessed with five children, three of whom are already working and the rest are still studying. To make a living, Emma owns and operates a canteen store. She makes and sells snacks and other delicacies in the local community. She has been engaged in her business for one year and earns approximately $118 a month.
In January 2006, Emma joined Paglaum MPC to gain access to financial services to help improve her business and living situation. She has successfully repaid a previous loan from PMPC.
Emma is now requesting a new loan of 50,000 PHP, which will be used to purchase raw ingredients for her snacks and other delicacies for her business. This will be her 7th loan from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
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.