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Rica
Rica is 28 years old and lives in Tinago, Siquijor, Siquijor. She is married and has three children.

Rica has a general store and earns approximately PHP 8,000 a month doing this type of work. She requested a loan amounting to PHP 15,000 to purchase more stock for her general store.

Rica has been a member of Paglaum Multi-Purpose Cooperative for 11 months. In the future, Rica hopes to expand and improve 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

  • $1175
    Average annual income
  • 984
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rica to purchase more stock for her general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Nov 21, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012