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Pedro
Pedro is 60 years old and lives in Biasong, Lopez Jaena. He is widowed with eight children.

He works in the fish industry and catches fish for a living. He has been doing this for 5 years. He has requested a loan of 20,000 to purchase fishing equipment including nets and hooks.

Pedro has been a member of PMPC for 4 years. He hopes to buy piglets to sell in the future.

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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Pedro to purchase fishing equipment such as hooks and fishing nets.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012