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Rosa
Rosa, age 53, owns and operates a shop that sells such items as canned goods, noodles, bread, toothpaste, and soap. She has been engaged in this business for 20 years. She has requested a loan in the amount of PHP 14,900 in order to purchase more grocery items.

Rosa and her husband have three children and live in Jimenez, Misamis Occidental.

Rosa has been a member of PMPC for two years. In the future, Rosa hopes to have a bigger shop.

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
  • 1296
    View loans »
    Philippines Loans Fundraising
  • $57,926,225
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rosa to purchase more grocery items to offer for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012