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Luz
Luz is a widow with 4 children. She is 59-years-old and lives in Camul, Tampilisan, Zamboanga del Norte.
Luz owns a store to earn a living and has had this business for 3 years. Each month, she earns 5,000 PHP. She has requested a loan to purchase more stock for her general store such as shampoo, toothpaste, soap and other consumable products.
Luz has been a member of PMPC for 3 years. In the future, Luz 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

  • $1175
    Average annual income
  • 269
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    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 Luz to purchase more stock for her general store such as shampoo, toothpaste, soap and other consumable products.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014