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Rosana, age 49 and unmarried, runs a sari-sari (general store) business. She has been involved in this venture for five years and earns approximately PhP 5,000 per month. She lives in Lower Langcangan, Oroquieta City, Misamis Occidental.

Rosana has requested a loan in order to buy additional inventory to offer for sale from her sari-sari store. She has been a member of PMPC for one year.

In the future, Rosana hopes to build savings.

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
  • 451
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rosana to buy additional inventory to offer for sale from her sari-sari store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 12, 2012
Jan 11, 2013
Currency Exchange Loss:
Nov 17, 2013