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Charlito
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.

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
  • 973
    View loans »
    Philippines Loans Fundraising
  • $54,456,775
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Charlito to purchase more raw ingredients for her new eatery business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013