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Annalee
Annalee is 37 years old, married and has three school-aged children. His husband is working in Manila. To help her husband support the financial needs of the family, Annalee operates a sari-sari (convenience) store in their residence with an average monthly income of PHP 2,500. She has requested a loan from PMPC to acquire more grocery stock to sell. She wants to send her children in school until they have a degree for the sake of their future.

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

  • $7,000
    Average annual income
  • 1248
    View loans »
    Philippines Loans Fundraising
  • $57,895,900
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Annalee to purchase additional grocery stock for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 6, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013