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Veronica, a 27-year-old married mother of three, lives in Segatic Diot, Clarin where she has been operating a shop selling assorted ready-to-wear items for two years now. A member of PMPC for one year, Veronica has requested a loan to purchase additional RTW's to sell. In the future, she hopes to improve and expand the business.

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
  • 1641
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD
A loan of $725 helped Veronica to purchase additional RTW's to sell.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 25, 2012
Oct 14, 2012
Currency Exchange Loss:
Nov 13, 2012