Araceli is 58 years old and lives in Tinago, Ozamis City. She is married with only one child.
Araceli has a general store that sells a variety of products. She has had this business for 20 years. Araceli requested a loan of 14,900 PHP to purchase additional products such as sacks of rice, salt, sugar, spices, canned goods, detergents, etc.. Araceli has been a member of PMPC for 6 years. In the future, Araceli hopes to save in case of emergencies.
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.