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Marilou
Marilou is 30 years old and lives in Lutao, Panaon, Misamis Occidental. She is married with one child.

Marilou has a motorcab for hire business and earns approximately 3,000.00 Philippine pesos (PHP) each month doing this type of work. She has requested a loan of 40,000 PHP to purchase more materials for her motorcab for hire.

Marilou has been a member of PMPC for seven years. In the future, Marilou hopes to buy another motorcab for hire.

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
  • 246
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Marilou to purchase more materials for her motorcab for hire.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
May 19, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014