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Lourdes
Lourdes is 50 years old and married with three children. She lives in Poblacion, Salug, Zamboanga del Norte.

Lourdes sells noodles, canned goods, and other items to earn a living. She has had this business for three years. Each month, she earns PHP5,000 doing this type of work. Lourdes has requested a loan of PHP20,000 to purchase noodles, canned goods, and other items for resale.

Lourdes has been a member of PMPC for one year. In the future, Lourdes 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
  • 372
    View loans »
    Philippines Loans Fundraising
  • $50,935,875
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Lourdes to purchase noodles, canned goods, and other items for resale.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015