Lorena is 37 years old and lives in New Dapitan, Rizal. She is married with two children. Lorena has a retail business and earns approximately 6,200 PHP each month doing this type of work. She has requested a loan to purchase additional stock for her store. Lorena has been a member of PMPC for two years.
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.