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Maria Lolita
Maria Lolita is 62 years old and married with eight children. She lives in Osukan, Labason, Zamboanga del Norte. To earn a living, Maria Lolita sells noodles, canned goods and other items. She has had this business for three years. Each month, she earns PHP3,000 doing this type of work.

Maria Lolita has requested a loan of PHP15,000 to purchase noodles, canned goods and other items for resale. Maria Lolita is a member of PMPC and joined this year. In the future, Maria Lolita 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
  • 278
    View loans »
    Philippines Loans Fundraising
  • $50,694,625
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $375 helped Maria Lolita to purchase noodles, canned goods and other items for resale.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014