Rico is 45 years old and lives in Panalsalan, Plaridel, Misamis Occidental. He is married with four children.
Rico works in the fish industry and catches fish for a living. He has been doing this for 35 years. He has requested a loan of PHP 15,000 to purchase a fishing boat.
Rico has been a member of PMPC for four years.
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.