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Lorenza
Lorenza is widowed, with two children. She is 62 years old and lives in Mangidkid, Plaridel, Misamis Occidental.

To earn a living, Lorenza has a pig-raising business. She has had this business for ten years. Each month, she earns approximately PHP 2,000.

Lorenza has requested a loan to purchase sacks of feed. She has been a member of Paglaum Multi-Purpose Cooperative (PMPC) for 13 years.

In the future, Lorenza hopes to have enough capital to expand her business.

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
  • 396
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lorenza to purchase sacks of feed for her pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013