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Jovelyn
Jovelyn, 38 years old, is single. She lives in Pag-asa, Dumalinao ZDS. Jovelyn has operated a store for 6 years, selling rice and many more items. She earns a monthly income of PHP 16,000. Jovelyn has requested a loan of PHP 11,000 to purchase more stock of rice for her retail store. She has been a member of PMPC for 10 months. In the future, Jovelyn hopes to expand her business in her town.

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
  • 1642
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Jovelyn to purchase more stock of rice for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013