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Cheryl
Cheryl is 27 years old, and married with two children, both of whom are minors. She lives in Bino-ongan, Enrique Villanueva, Siquijor. Cheryl has operated an existing snack making and selling business for a period of three years, earning PHP 2,500 per month. She decided to be a member of PMPC this year to have financial access to support her business. Aside from selling snacks, she started raising pigs to increase the household income. She took a loan in PMPC to purchase feed for the raised piglets. She wants to used the profit to feed her children.

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
  • 553
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Cheryl to purchase feed for pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013