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Estrella's Group
In this Group: Estrella, Lorita
Estrella is married and has one child. She is 52 years old and lives in the Philippines. She is a farmer and raises pigs to earn a living. She has been doing this for three years.

She has requested a loan to purchase feed and other things she needs to maintain her pigs. Estrella has been a member of PMPC for almost five years. She is the leader of a two-person group. Although they are borrowing as a group, each member of the group has her 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
  • 1433
    View loans »
    Philippines Loans Fundraising
  • $59,145,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Estrella's Group's $400 loan helped a member to purchase five sacks of feed and things she needs, for maintaining her pigs.
99% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014