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Benito
Benito is 62 years old and lives in Burgos, Oroquieta City, Misamis Occidental. He is married with one child.
Benito has a store that sells a variety of products such as soft drinks, cooking oils, bread, biscuits, candies, and many more. He has had this business for four years. Benito requested a loan of 14000 Pesos to purchase more stock for his general store, such as soft drinks, cooking oils, bread, biscuits, candies etc.
Benito has been a member of PMPC for three years. In the future, Benito hopes to own a house & lot someday.

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
  • 1502
    View loans »
    Philippines Loans Fundraising
  • $59,099,150
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Benito to purchase more stock for his general store such as soft drinks, cooking oils, bread, biscuits, candies, and many others.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 30, 2012
Listed
Oct 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 4, 2013