Lilibeth has owned a general store to earn a living and has had this business for 25 years. Each month, she earns 15,000 PHP doing this type of work.
She has requested a loan of 50,000 PHP to purchase more stock for her general store. Lilibeth has been a member of PMPC for two years. In the future, Lilibeth hopes to expand her business.
About Paglaum Multi-Purpose CooperativePaglaum 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.
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Success!! The loan was 100% repaid