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Lerma
Lerma is married with seven children. Lerma is 50 years old and lives in Poblacion, Titay, Zamboanga Sibugay.
Lerma owns a general store to earn a living and has had this business for 25 years. Each month, she earns 5000 PHP doing this type of work. She has requested a loan of 7000 PHP to purchase more stock for her general store such as toothpaste, soaps and shampoo. Lerma has been a member of PMPC for one year. In the future, she 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
  • 1158
    View loans »
    Philippines Loans Fundraising
  • $54,677,625
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Lerma to purchase more stock for her general store such as toothpaste, soaps and shampoo.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013