Charlito is from Sta. Filomena, Dipolog City. He is 65 years old, married and has four adult-aged children. Charlito is just starting this business, an eatery. In 2012, Charlito joined PMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. This is his first availment of a loan of 20,000 PHP, which will be used to purchase more raw ingredients for her new eatery business. He plans to use the additional revenue generated from the business to improve his family's general living conditions.
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.