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.
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.