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Rolando
Rolando is married with two children. Rolando is 51 years old and lives in Mahayag, Zamboanga del Sur.

To earn a living, Rosalindo has a vulcanizing shop for motorcycles. He has had this business for 15 years. Each month, he earns approximately PHP 5000. He requested a loan to purchase equipment for his vulcanizing shop. Rolando has been a member of PMPC for four years.

In the future, Rolando hopes to buy more equipment for 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

  • $7,000
    Average annual income
  • 1079
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    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 Rolando to purchase equipment for his vulcanizing shop.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 3, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014