Edgardo is an active member of PMPC. He is 48 years old, separated, and a resident of Banban, Siquijor, Siquijor. He has been engaged in the grocery store business for 2 years with an average monthly income of PHP 1,500.
He has taken another loan from PMPC in the amount of PHP 9,000 to purchase additional grocery stocks for sale hoping to increase his volume of sales and increase his income to save for his future.
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.