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Michelle
Michelle is 29 years old and married with with an infant child. She is an active member of PMPC. She lives in Bontod, Larena, Siquijor. She engages in selling frozen foods like hotdogs and dried fish. She's been engaged in the business for less than a year, earning a monthly average of Php 2,500. She took a loan from PMPC in the amount of Php 10,000 to purchase frozen foods and dried fish for resale. She will use the profit to provide food for the family and to save for a better future.

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

  • $7,000
    Average annual income
  • 1438
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Michelle to purchase frozen food and dried fish for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 4, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013