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Lorena
Lorena, age 36, operates an auto repair shop. She earns approximately PhP 10,000 each month doing this type of work. She lives with her husband and their one child in Panalsalan Tangub City.

Lorena has a requested a loan in order to buy a new machine for her auto repair business. She has been a member of PMPC for the past year.

In the future, Lorena hopes to expand her auto repair shop.

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
  • 287
    View loans »
    Philippines Loans Fundraising
  • $53,135,300
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Lorena to buy a new machine for her auto repair business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 11, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013