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Cherry Mae
Cherry Mae is married has no children. She is 35 years old and presently lives at Gawad Kalinga, Nazareth, Buenavista, Pagadian City.

She sells rice to earn a living and she has had this business for 3 years. Each month, she earns PHP 6,000 doing this type of work. She has requested a loan amounting to PHP 40000 to purchase more inventory for her general store.

She has been a member of PMPC for almost 2 years. In the future, she hope to be a very successful businesswoman with PMPC as her partner-inspiration.

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
  • 1459
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Cherry Mae to purchase more inventory for her general store.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2012
Listed
May 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013