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Banaba Group
In this Group: Imelda, Haidee
Imelda is married with four children. Imelda is 43 years old and lives in Lenienza, Pagadian City. Imelda sells plasticwares and other kitchen utensils to earn for a living. She has had this business for 5 years. Each month, she earns Php18,000.00 doing this type of work. She has requested a loan of Php8,000 to purchase more stock of plasticware for her retail business. Imelda has been a member of PMPC for almost one year. In the future, Imelda hopes to have her own retail and wholesale store.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $7,000
    Average annual income
  • 1933
    View loans »
    Philippines Loans Fundraising
  • $61,100,300
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Banaba Group's $375 loan helped a member to purchase more stock of plasticware for her retail business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Feb 5, 2013
Currency Exchange Loss:
Aug 17, 2013