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Benjamin
Benjamin is married with two children. Benjamin is 53 years old and lives in the village of Baybay in the municipality of Liloy in Zamboanga del Norte Province.

Benjamin sells merchandise to earn a living and had this business for 10 years. Each month, he earns 30,000 PHP doing this type of work. He has requested a loan of 50,000 PHP for additional capital.

Benjamin has been a member of PMPC for this year. In the future, Benjamin hopes to expand his 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
  • 284
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Benjamin to purchase more stock for his general store such as shampoo, toothpaste, and soap.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Nov 25, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013