Bonifacio is 55 years old and lives in Centro Napu, Tudela. He is married with two children. Bonifacio has a coco lumber business and earns approximately PHP 10000 each month doing this type of work. He has requested a loan to purchase additional wood to sell.
Bonifacio has been a member of PMPC for four years. In the future, Bonifacio hopes to save in case of some emergencies.
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.