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Nelda
Nelda is 46 years old and lives in Señor, Sinacaban. She is married, has four children and earns a living by running a general store where she sells a variety of products. She has had this business for four years and is requesting a loan of PHP 9,000 to purchase additional products to sell, such as canned goods, noodles, beverages and detergents. Nelda has been a member of PMPC for three years and hopes to expand her business in the future.

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
  • 851
    View loans »
    Philippines Loans Fundraising
  • $54,407,150
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Nelda to buy additional products to sell, as canned goods, noodles, beverages and detergents.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Mar 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012