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Mario
Mario is 47 years old and lives in Sto. Niño, Tampilisan, Zamboanga del Norte. He is married with three children.

Mario has a rice and corn mill business and earns approximately 30,000 PHP each month doing this type of work. He had requested a loan of 45,000 PHP to purchase 45 sacks of corn. Mario has been a member of PMPC since this year (2011). In the future, he hopes to expand his 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
  • 246
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mario to purchase 45 sacks of corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012