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Monica is 57 years old and lives in Gotocan Daku, Ozamiz City. She is a widow with two children.

Monica has a general store that sells groceries. She has had this business for one year. She requested a loan to buy groceries for her general store.

Monica has been a member of PMPC for three years. In the future, Monica hopes to expand her 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

  • $7,000
    Average annual income
  • 714
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Monica to buy canned goods, sacks of rice, dozens of cigarettes, noodles, kinds of kiddie foods, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 11, 2013
Jan 26, 2013
Currency Exchange Loss:
Aug 17, 2013