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Loreta
Loreta is 55 years old and lives in Landing, Baliangao. She is married with three children.

To earn a living, Loreta has a business selling snacks. She earns about 2,300 PHP (Philippines pesos) each month doing this type of work. Loreta has requested a loan to finance her rice production, which is her source of food.

Loreta has been a member of PMPC for nine years.

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
  • 1071
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Loreta to finance the preparation of the rice field.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013