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Armando is a member of PMPC who has a motorcycle transport business. He is 30 years old and married, with five children. He maintains his membership with PMPC in good standing.

Now, he has seeking a loan from the cooperative to pay for an additonal second-hand motorcycle. He smiles at seeing his children finish their education.

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

  • $7,000
    Average annual income
  • 1816
    View loans »
    Philippines Loans Fundraising
  • $60,867,300
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Armando to pay for an addiitonal second-hand motorcycle.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 6, 2013
Sep 20, 2013
Currency Exchange Loss:
Aug 17, 2014