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Elbert
Elbert is 34 years old and lives in Ponong, Larena, Siquijor. He is married with three children. Elbert has a backyard piggery to earn a living, and he has had this business for 14 years. He earns about PHP 2,500 a week doing this type of work.

He requested a loan amounting to PHP 20,000 to purchase medicines and feeds for his backyard piggery business. Elbert is a new member of the Paglaum Multi-Purpose Cooperative. He hopes to grow his business and have savings deposited for his children's future education.

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
  • 883
    View loans »
    Philippines Loans Fundraising
  • $54,410,800
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Elbert to purchase medicines and feeds for his backyard piggery business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Nov 23, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012