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Orlando Group
In this Group: Orlando, Joeme, Benruben
Orlando is 46 years old and lives in Lower Bayao, Tukuran, Zamboanga Del Sur. He is married with 3 children.

Orlando sells fish for a living. He has been doing this for 5 years. He has requested a loan of PHP 5000 to purchase more fish to sell.

Orlando has been member of PMPC for four years. In the future, he hopes to have his own fishing vessel.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $1175
    Average annual income
  • 394
    View loans »
    Philippines Loans Fundraising
  • $50,833,200
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Orlando Group's $350 loan helped a member to purchase more fish to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
May 27, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012