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Loreta
Loreta is a widow with three children. She is 57 years old and lives in Baybay Triunfo, Ozamiz City.
Loreta sells snacks (siopao) to earn a living and has had this business for 20 years. She has requested a loan of 5000 to purchase five sacks of flour.
Loreta has been a member of PMPC for three years. In the future, Loreta hopes to be successful in her chosen business.

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
  • 1437
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Loreta to purchase five sacks of flour.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Jan 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013