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Lito
Lito is 45 years old and lives in Lamao, Liloy, Zamboanga del Norte. He is married and has five children.

Lito works in the fish industry and catches and sells fish for living. He had been doing this for 10 years. He earns 13,000 PHP each month in doing this activity.

Lito has been a member of PMPC for over year. He has requested a loan for 50,000 PHP to purchase materials for his fish cage.

In the future, Lito hopes to expand his business.

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
  • 1240
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Lito to purchase materials for his fish cage.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2011
Listed
Jul 12, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012