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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.

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

  • $7,000
    Average annual income
  • 801
    View loans »
    Philippines Loans Fundraising
  • $63,345,600
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Lorena to purchase additional stock for her store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Oct 30, 2012
Nov 25, 2012
Currency Exchange Loss:
Jul 17, 2013