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Lolita
Lolita is fifty-five years old and lives in Lutao, Panaon, Misamis Occidental. She is married with three children.

Lolita has a dried fish vending business and earns approximately PHP 3,000 each month doing this type of work. She has requested a loan of PHP 14,900 which she will use to purchase additional dried fish.

Lolita has been a member of PMPC for seven years. In the future, Lolita hopes to build her own dried fish stall.

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
  • 397
    View loans »
    Philippines Loans Fundraising
  • $52,107,900
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Lolita to purchase additional dried fish.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 14, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013