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Merlyn
Merlyn is 52 years old and lives in Butuay, Jimenez, Misamis Occidental. She is married with two children. Merlyn is engaged in a fish vending business and earns approximately 5,000 Philippine pesos (PHP) each month doing this type of work. She has requested a loan to be used to purchase construction materials for kitchen repair and renovation.

Merlyn has been a member of PMPC for seven years. In the future, Merlyn hopes to expand her 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Philippines

  • $7,000
    Average annual income
  • 1053
    View loans »
    Philippines Loans Fundraising
  • $57,698,150
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Merlyn to purchase construction materials for kitchen repair and renovation.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014