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Lorna
Lorna is 46 years old and lives in Oroquieta City. She is married with 2 children.
Lorna has a snack vending business and earns approximately PHP 3,000 each month. She has requested a loan of 20,000 to purchase more ingredients for her business.
Lorna has been a member of PMPC for 3 years. In the future, Lorna hopes to have a food stall.

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
  • 1235
    View loans »
    Philippines Loans Fundraising
  • $57,815,050
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lorna to purchase more ingredients for her snack vending business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2011
Listed
Oct 22, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012