Check out other loans that are currently fundraising!
Grace
Grace is widowed and has two children. Grace is 40 years old and lives in Butuay, Jimenez, Misamis Occidental.

To earn a living, Grace has a sand quarrying business. She has had this business for 12 years. Each month, she earns approximately PHP 7,000.

She has requested a loan of PHP 50,000 to purchase equipment for her quarrying business. Grace has been a member of PMPC for five years.

In the future, Grace hopes to engage in another type of 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
  • 1539
    View loans »
    Philippines Loans Fundraising
  • $56,687,750
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Grace to purchase equipment for her quarrying business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014