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Franklin
Franklin is 57 years old and lives in Palilan, Jimenez, Misamis Occidental. He is married with six children.

Franklin has a store that sells groceries and other consumable products. He has had this business for almost three years. He requested a loan of PHP 50,000 to purchase more stock for his general store.

Franklin has been a member of PMPC for 3 years. In the future, Franklin hopes to expand his 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
  • 890
    View loans »
    Philippines Loans Fundraising
  • $54,390,175
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD
Expired
A loan of $1,200 helped Franklin to purchase more stock for his general store.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 26, 2012