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Socorro
Socorro is 65 years old and lives in Dela Paz, Clarin. Socorro is widowed with six children.

Socorro has a basket business and earns approximately 2,500 Philippines pesos (PHP) each month doing this type of work. Socorro has requested a loan to purchase additional materials for basket making.

Socorro has been a member of PMPC for seven years. In the future, Socorro hopes to expand 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

  • $7,000
    Average annual income
  • 1409
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Socorro to purchase more rattan for weaving baskets.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2012
Listed
Apr 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013