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Loreta
Loreta is 56 years old and lives in Tuyabang Alto,Oroquieta .She is married and has 4 children. Loreta has a general store business, earning approximately PHP 1,500 each month. She has requested a loan of PHP 10,000 to purchase more stock for her store.

Loreta has been a member of PMPC for 5 years. In the future, she hopes to own a grocery store. Loreta hopes that her children can finish their studies. Loreta is a hardworking mother, an honest person and a MIGS member of PMPC.

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
  • 1125
    View loans »
    Philippines Loans Fundraising
  • $54,595,750
    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 more stock for her store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012