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Merlinda
Merlinda is forty years old and lives in Tonggo, Tudela. Merlinda is married with five children.

Merlinda has a store that sells variety of products. Merlinda has had this business for five years.Merlinda requested a loan of PHP 12,000 to purchase additional products such as canned goods, noodles, beverages, detergents, etc.

Merlinda has been a member of PMPC for five years. In the future, Merlinda 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
  • 1153
    View loans »
    Philippines Loans Fundraising
  • $54,657,450
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Merlinda to purchase additional products such as canned goods, noodles, beverages and detergents.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013