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Lorna
Lorna is a businesswoman who lives in Nangcaan, Rizal. She is 60 years old, married and has two children. To make a living, Lorna has a shop that sells groceries and beverages. She has been in this business for eight years, earning a monthly income of 6,200 PHP (Philippines pesos). Lorna has requested a loan of 20,000 PHP to purchase groceries and beverages to sell.

Lorna has been a CUMI member of Paglaum MPC since 2006.

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.

About Philippines

  • $1175
    Average annual income
  • 956
    View loans »
    Philippines Loans Fundraising
  • $54,434,500
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lorna to purchase 10 boxes of assorted groceries and 10 cases of beverages.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2014