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Raquel
Raquel is 31 years old and lives in Kinangay Norte, Clarin. Raquel is single and is without children. To earn a living, Raquel has a business selling snacks in the community. Raquel earns about PHP 2,000 each month doing this type of work.

Raquel has requested a loan of PHP 30,000 to purchase additional ingredients such as flour, sugar, oil etc. Raquel has been a member of PMPC for a month. In the future, Raquel would like 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
  • 370
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Raquel to purchase additional ingredients such as flour, sugar and oil.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013