Cresencia is 64 years old and lives in Tipan, Oroquieta City, Misamis Occidental. She is married with six children.
Cresencia has a store that sells variety of products softdrinks, cooking oils, bread, biscuits, candies, and many others. She has had this business for ten years. She requested a loan of PHP 49,900 to purchase more stock for her general store such as shampoo, toothpaste soap and etc.
Cresencia has been a member of PMPC for eleven years. In the future, Cresencia hopes to have more savings.
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.