This widow with four adult-aged children is from Libertad, Kolambugan, Lanao Del Norte. She is Esmeralda, a 63-year-old who is engaged in dried fish selling. She has had this business for five years. She requested a loan for additional capital to purchase additional kilos of dried fish to expand her business.
Esmeralda has been a member of PMPC for one year and makes it a point to pay the loans in a timely manner. In the future, Esmeralda hopes to improve her living conditions.
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.