Check out some available loans that are similar to this one!
Esterlita Group
In this Group: Esterlita , Juliano, Ruthsel
Esterlita is married with three children. Esterlita is 52 years old and lives in the Philippines.

Esterlita is a farmer and grows corn to earn a living. She has been doing this for 18 years. She has requested a loan of PHP 6,000 to purchase fertilizer for her corn.

Esterlita has been a member of PMPC for six years. In the future, Esterlita hopes to improve her house.

Esterlita is the leader of a three-person group. Although they borrow as a group, each member of the group has their own 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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $1175
    Average annual income
  • 1117
    View loans »
    Philippines Loans Fundraising
  • $54,636,050
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Esterlita Group's $600 loan helped a member to purchase fertilizers for her corn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Sep 25, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012