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Clarita
Clarita is married with 3 children. She is 66 years old and lives in Upper Centro, Tudela, Misamis Occidental
Clarita sells items such as canned goods, noodles and biscuits. She has had this business for 1 year. Each month she earns PHP 7,000.00. She has requested a loan of 50,000.00 to purchase additional products for the grocery store.
Clarita has been a member of PMPC for 1 year. In the future, Clarita hopes to save money for her old age.

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
  • 1237
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Clarita to purchase additional products for the grocery store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012