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Grace
Grace is widowed and has two children. She is 23 years old and lives in Corrales, Jimenez, Misamis Occidental. Grace sells cake to earn a living; she has had this business for three years. She has requested a loan of 3,000 PHP to purchase cake flour to make cakes. Grace has been a member of PMPC for one year. In the future, Grace hopes to have her own bakery in the town.

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
  • 1435
    View loans »
    Philippines Loans Fundraising
  • $56,546,075
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Grace to purchase cake flour.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2011
Listed
Sep 21, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012