Check out some available loans that are similar to this one!
Lorna
Lorna is married with six children. Lorna is 44 years old and lives in Punta, Liloy, Zamboanga del Norte.

Lorna buys and sells charcoal to earn a living and has had this business for five years. Each month, she earns 5,000 PHP (Philippines pesos) doing this type of work. She has requested a loan of 10,000 PHP to purchase more sacks of charcoal to sell on a retail basis.

Lorna has been a member of PMPC for two years. In the future, Lorna 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 Philippines

  • $1175
    Average annual income
  • 375
    View loans »
    Philippines Loans Fundraising
  • $50,745,300
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lorna to purchase more sacks of charcoal to sell on a retail basis.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
May 26, 2013