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Merilou
Merilou is 32 years old and lives in Southern Poblacion, Plaridel, Misamis Occidental. She is married with three children.

Merilou has a general store and earns approximately PHP 3,000 each month. She has requested a loan of 15,000 to purchase assorted groceries like noodles, cooking oil, and shampoo.

Merilou has been a member of PMPC for four years. In the future, Merilou hopes to increase her income to cover the daily expenses of her family.

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
  • 475
    View loans »
    Philippines Loans Fundraising
  • $51,043,600
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Merilou to purchase assorted groceries like noodles, cooking oil, and shampoo for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 11, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013