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Marichu
Marichu is 33 years old and lives in Gatas, Kalawit, Zamboanga del Norte. She has a general store and earns approximately 10,000 PHP each month doing this type of work. She has requested a loan of 24,000 PHP to purchase more stock for her general store.

Marichu joined PMPC this year, 2011. In the future, Marichu hopes to expand her store.

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

  • $1175
    Average annual income
  • 398
    View loans »
    Philippines Loans Fundraising
  • $52,107,000
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Marichu to purchase more products for her general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012