Ruth is an active member of PMPC. She is 62 years of age, married, and has 4 adult children. She has been engaged in a sari-sari store business for over 15 years with an average monthly income of PHP 6,000. She took another loan from PMPC to purchase additional grocery inventory to sell. Ruth plans to use the profits to expand the business and to save in preparation for her old-age.
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.