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Bonifacio
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.

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
  • 290
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,250 helped Bonifacio to purchase wood to sell.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014