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Francisca
Francisca is a new member of microfinance organization PMPC. She is 56 years old, married, and has four children.

To make a living, Francisca buys coconut shells that she processes into charcoal, which she sells. She's been operated this business for eight months and has a monthly income of 1,000 Philippines pesos (PHP). She is taking a loan through PMPC in order to buy more coconut shells and produce more charcoal, hoping to improve the living conditions of her family in the 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
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Francisca to buy coconut shells for her charcoal-selling business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013