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Verna is 34 years old and lives in Nazareth, Buenavista, Pagadian City. She is married and has one child. To earn a living, Verna has a business selling sausage.

Verna earns about 10,000 Philippine pesos (PHP) each month from her business, and she has been a member of Kiva field partner PMPC for more than three years. Verna plans to use the proceeds of this 50,000 PHP loan to purchase ingredients to make her sausage. In the future, Verna would like to have her own small sausage-making factory.

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
  • 707
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Verna to purchase ingredients for her sausage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 15, 2011
Oct 15, 2011
Currency Exchange Loss:
Oct 15, 2012