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Felix
Felix, 60, is a widower with five children and lives in Danao, Plaridel, Misamis Occidental.
Felix works in the fish industry and catches fish for a living. He has been doing this for 25 years. He has requested a loan of 15000 PHP to purchase a fishing net.
Felix has been a member of PMPC for four years. In the future, Felix hopes to have savings for his family.

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
  • 1670
    View loans »
    Philippines Loans Fundraising
  • $59,006,400
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Felix to purchase a fishing net.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013