Constancia is an active member of PMPC under the individual program. She is 57 years old and married with three adult-age children. She operates a sari-sari store business selling a variety of grocery products and feed. She has been engaged in the business for one year with a monthly average earnings of PHP 15,000. She took another loan from PMPC to purchase additional grocery stock and feed to sell. She plans to invest more capital in the business and to save for the 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.