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Victor
Victor is 58 years old and lives in Calube Aloran, Misamis Occidental. He is married with three children. Victor has a fish-vending business and earns approximately 5,000 Philippine pesos (PHP) each month doing this type of work. He has requested a loan of 14,900 PHP to purchase more fish to sell. Victor has been a member of PMPC for five years. In the future, Victor hopes to have a fishing boat. Victor is a MIGS member of PMPC.

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
  • 1116
    View loans »
    Philippines Loans Fundraising
  • $54,649,075
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Victor to purchase more fish to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012