Nora is 61 years old. She is married and has four children. She lives in Marapong, Sibutad. Nora is engaged in buying rice grains and processing it into rice to sell. She has been in this business for five years with a monthly income of 3,400 PHP. Nora is requesting a loan of 10,000 PHP to purchase eight sacks of rice grains. Nora has been a CUMI member of Paglaum MPC since 2006.
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.