Agnes is 45 years old, married and has two children. Agnes lives in Lower Lamac, Oroquieta City.
Agnes has a retail business, engaging in buying and selling to earn a living. She has had this business for almost one year. Each month, she earns PHP 3,000 from this business. She has requested a loan of PHP 20,000 as capital for her retail business inventory. Agnes has been a member of PMPC for seven years. In the future, Agnes hopes to have more savings.
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.