Alma, age 35, has operated a sari-sari (general store) business for the past 11 years. Each month, she earns PhP 10,000 doing this type of work. She lives with her husband and their three children in San Vicente Bajo, Oroquieta City.
Alma has requested a loan in the amount of PhP 14,900, which she will use as additional capital to buy essential items to sell in her sari-sari store. Alma has been a member of PMPC for three years.
In the future, Alma hopes to build savings.
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.