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Marelyn
Marelyn is a newly recognized member of PMPC. She is 44 years old and married with three adult children. Marelyn has been selling gasoline for nine years with average monthly earnings of 3,000 Philippine pesos.

Marilyn decided to be part of PMPC to have financial access to support her business. She took out a loan with PMPC to purchase additional stock of gasoline to sell. She is hoping to increase her monthly income to meet family needs and to save some money for 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

  • $1175
    Average annual income
  • 1279
    View loans »
    Philippines Loans Fundraising
  • $56,347,950
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Marelyn to purchase additional gasoline for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013