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Roland
Roland is an active member of PMPC under the individual program. He is single, and a resident of North Poblacion, Larena, Siquijor. He operated a beauty salon business for over three years, having a monthly average income of Php 6,000. He took another loan from PMPC in the amount of Php 40,000 to purchase additional beauty equipment for the new beauty salon outlet to open. He plans to expand the business to increase his profit to save for his future.

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
  • 352
    View loans »
    Philippines Loans Fundraising
  • $50,982,700
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Roland to purchase additional beauty equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013