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Mercedes
Mercedes is married with four children. Mercedes is 48 years old and lives in ZNAC, Tampilisan, Zamboanga del Norte.

Mercedes sells barbecued and dried fish to earn a living and has had this business for 10 years. She has requested a loan of 40,000 to purchase 10 boxes of dried fish to sell as another business.

Mercedes has been a member of PMPC for two years. In the future, Mercedes hopes to expand her business.

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
  • 1260
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Mercedes to purchase 10 boxes of dried fish to sell as another business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012