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Ernelia
Ernelia is 62 years old and lives in Poblacion, Panaon, Misamis Occidental. She is widowed and has four children. Ernelia owns a general store that sells dry goods and groceries. She has had this business for eight years. She requested a loan of PHP30,000 to purchase more stock for her general store. Ernelia has been a member of PMPC for one year. In the future, Ernelia 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

  • $1175
    Average annual income
  • 269
    View loans »
    Philippines Loans Fundraising
  • $53,160,575
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Ernelia to purchase more stock for her general store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
Jun 10, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012