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Sally
Sally is 40 years old, a widow, and has three children; two are school age and one an infant age. They are residing at Sabang, Larena, Siquijor.

She has been engaged in her business for 15 years and earns 6,000 PHP (Philippines pesos) a month to cover her living expenses. Now, she is requesting a loan amounting to 50,000 PHP to purchase more stock for her general store, such as shampoo, toothpaste, soap and canned goods.

In the future, she hopes to expand her business with the help of this institution.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 588
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Sally to purchase more stock for her general store such as shampoo, toothpaste, soap and canned goods.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 25, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014