Estrellita is a micro-finance member of PMPC. She is 61 years old and is married with six adult-age children.
She has engaged in making and selling snacks for 3 years with a weekly average income of PHP 400. She took another loan with PMPC to purchase additional raw ingredients to make snacks. She plans to use the profit to provide for her family's needs and to invest additional capital into the business.
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.