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Rufo
Rufo is an active member of PMPC. He is a 47-years-old widower with 5 adult children. He lives in Caticugan, Squijor, Siquijor. Rufo is engaged in fishing. He has been doing this for 30 years as a main source of his family's daily livelihood, with a monthly income of PHP 6,000. Rufo has requested a loan from PMPC amounting to PHP 14,900 to purchase additional fishing materials. He hopes to catch more fish using these new fishing materials and provide for the daily needs of his family.

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
  • 1286
    View loans »
    Philippines Loans Fundraising
  • $56,276,425
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rufo to purchase additional fishing materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
May 26, 2013