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Hanchel
Hanchel is married with one child. He is 38 years old and lives in Fatima, Liloy, Zamboanga del Norte.
Hanchel sells rice and corn to earn a living and has had this business for 4 years. Each month, he earns 40,000 doing this type of work. He has requested a loan of 50,000 to purchase more sacks of rice and corn to sell.
Hanchel has been a member of PMPC for 2 years. In the future, Hanchel 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
  • 1119
    View loans »
    Philippines Loans Fundraising
  • $54,612,075
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hanchel to purchase more sacks of rice and corn to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Aug 26, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013