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Elena
Elena is married and has seven children. She is 48 years old and lives in the village of Mitazan in the municipality of Aloran in Misamis Occidental Province.


To earn a living, Elena has a sari-sari (variety) store business. She has had this business for 10 years. Each month, she earns approximately 3,000 PHP to purchase more stock for her store, such as shampoo, toothpaste, soap, vinegar, and salt.


In the future, Elena hopes to have more savings for their plan of improving their lives.

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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $50,773,375
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Elena to purchase more stock for her store, such as shampoo, toothpaste, soap, vinegar, and salt.
99% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015