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Lerma
Lerma is married and has seven children. She is 49 years old and lives in Pobalcion, Titay, Zamboanga Sibugay.

Lerma buys and resells ready-to-wear clothing to earn a living and has had this business for three years. Each month, she earns 5,000 PHP doing this type of work. She has requested a loan of 5,000 PHP for additional capital.

Lerma has been a member of PMPC since this year, 2012. In the future, she 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
  • 1155
    View loans »
    Philippines Loans Fundraising
  • $54,688,850
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Lerma to buy more ready-to-wear clothing resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013