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Marites
Marites is married with four children. Marites is 38 years old and lives in Jimenez, Misamis Occidental.

Marites sells canned goods, noodles, soap, etc. to earn a living and has had this business for 15 years. Each month, she earns PHP 1,600 doing this type of work. She has requested a loan of 14,900 PHP to purchase more goods such as canned goods, noodles, soap, etc.

Marites has been a member of PMPC for four years. In the future, Marites hopes to have a big 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
  • 1165
    View loans »
    Philippines Loans Fundraising
  • $54,828,800
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Marites to purchase more inventory such as canned goods, noodles, soap, etc.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012