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Zosima is 48 years old and lives in Dansalan, Labason, Zamboanga del Norte. She is married with 10 children. To earn a living, Zosima has a fishing business. She earns about PHP 4,000 each month doing this type of work. She has requested a loan of PHP 7,000 to purchase a fishing net. She has been a member of PMPC for more than 1 year. In the future, Zosima would like to expand her 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
  • 720
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Zosima to purchase a fishing net.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 10, 2011
Nov 21, 2011
Currency Exchange Loss:
Jun 16, 2012