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Demetrio
Demetrio is widowed with 5 children. Demetrio is 66 years old and lives in San Miguel, Liloy, Zamboanga del Norte.
Demetrio owned a general store to earn a living and had this business for 12 years. Each month, he earns 5000 doing this type of work. He has requested a loan of 20000 to purchase more stocks for her general store such as shampoo, toothpaste, soap, salt, vinegar and etc.
Demetrio has been a member of PMPC for 2 years. In the future, Demetrio hopes to expand his 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
  • 800
    View loans »
    Philippines Loans Fundraising
  • $53,378,125
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Demetrio to purchase more stocks for his general store such as shampoo, toothpaste, soap, salt, vinegar and etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013