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Benigno
Benigno is married with two children. He is sixty-three years old and lives in Molave, Zamboanga del Sur. Benigno runs a general store to earn a living and has had this business for five years. Each month, he earns P2,500 doing this business. He requested a loan of 35,000 PHP to purchase more stock for his general store. He has been a member of PMPC for more than two years. In the future, Benigno hopes that he can improve his 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
  • 1499
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Benigno to purchase more stock for his general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012