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Teresito
Teresito is 49 years old and lives in Gango, Ozamiz City. He is married and has one child.

Teresito grows rice and corn, and he earns approximately PHP 25,000 each month doing this.

He has a requested a loan of PHP 35,000 to purchase fertilizer for his corn.

Teresito has been a member of PMPC for three years. In the future, Teresito hopes to improve his living conditions.

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
  • 275
    View loans »
    Philippines Loans Fundraising
  • $53,057,200
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Teresito to purchase fertilizer for his corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013