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Sherlita
Sherlita has been an active micro finance member of PMPC since 2011. She is 48 years old and widowed with one adult-age and four school-age children. She is residing in Cabal-asan, Maria, Siquijor. She has been engaged in manufacturing nipa huts to sell for over 30 years with a monthly average income of PHP 2,500. She took another loan from PMPC to purchase raw materials to manufacture nipa huts. She plans to use the profit to save and support the educational expenses of 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
  • 1439
    View loans »
    Philippines Loans Fundraising
  • $56,546,075
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Sherlita to purchase more raw materials to manufacture nipa huts.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 30, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013