Our business in life is not to get ahead of others, but to get ahead of ourselves (E. Joseph Cossman). Mr. Petrocilo has been a businessman for fifteen years. He is married, residing at Barangay 2, Tangub City, Misamis Occidental. He has been blessed with two children of school age.
Mr. Petrocilo is a member in Paglaum Multi-Purpose Cooperative and has borrowed money for additional business capital. He earns PHP 12,000.00 monthly in his business as profit.
Therefore, Mr. Petrocilo improves his living conditions with the use of the business profits.
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.