Rosalie is a member of PMPC under the micro-finance program. She is 37 years of age, married and has 7 school-aged children. She lives in Sabang, Larena, Siquijor. She has been engaged in a sari-sari store business for 3 years, earning PHP 1,000 a month. She took a loan from PMPC to purchase additional grocery stocks for resale. She plans to use the profit to invest more capital into her business and support the needs of her family.
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.