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Elizabeth Group
In this Group: Elizabeth, Juana
Elizabeth is 54 years old and lives in Catadman, Ozamiz City. She is married with seven children.

Elizabeth is one of the most hardworking women in her area. She operates a small business in which she sells banana cue. She requested a loan to buy materials - bananas, sticks, and other items - for her small business.

She has been a member of PMPC for six years. In the future, she hopes to expand her business.

Elizabeth is the leader of a two person group. Although they are borrowing as a group, each member of the group has their own 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.

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
  • 2089
    View loans »
    Philippines Loans Fundraising
  • $61,204,950
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Elizabeth Group's $200 loan helped a member to buy bananas to make and sell banana cue.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 8, 2013
Feb 20, 2013
Currency Exchange Loss:
Sep 17, 2013