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Laurito
Laurito is 66 years old and lives in Dela Paz, Panaon, Misamis Occidental. He is married with five children.
Laurito is engaged in hog-fattening and fishing activities. He earns approximately 3,000.00 PHP each month doing this type of work. He has requested a loan which will be used to purchase sacks of feed to fatten his hogs.
Laurito has been a member of PMPC for almost two years. In the future, Laurito hopes to run other types of businesses.

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
  • 1055
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Laurito to purchase sacks of feed to fatten his hogs.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014