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Geraldine
Geraldine, a 29-year-old single mother of one child, lives in Talic, Oroquieta City where she has a balut-vending business that earns her approximately PHP 5,000 each month. A member of PMPC for a year, she has a requested a loan of PHP 5,000 to purchase raw ingredients to make balut. Geraldine, a good daughter and an honest person, hopes to earn a substantial income in the future to help her parents

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
  • 1319
    View loans »
    Philippines Loans Fundraising
  • $56,524,250
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Geraldine to purchase raw ingredients for her balut-making.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Nov 10, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013