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Maria Teresa
Maria Teresa is 45 years old and lives in Austin Heights, Kolambugan, Lanao Del Norte. She is married and has 3 children.

To earn a living, Maria Teresa has a business selling cassava cakes. She earns about PHP 6,000 each month doing this type of work. Maria Teresa has requested a loan to purchase another oven and ingeredients to be used for cassava making.

Maria Teresa has been a member of PMPC for 1 month. In the future, she would like to improve her living condition and to make her business become successful.

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
  • 1280
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Maria Teresa purchase an oven and ingredients to make cassava cakes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012