Roger earns a living dealing Avon beauty products. He is 37 years old, married, and lives in Manil, Leon B. Postigo, Zamboanga del Norte.
He is well known for his good communications in dealing with his customers. He has already purchased some new products, and has been able to save. His services are self-sustainable, and have become profitable, with a net profit of about Php 3,000 per month.
Roger is seeking a Php 5,000 loan. He would like to use the loan to purchase addtional items to sell. This is a microfinance loan, and would be repaid in a few months.
This is his first loan in the cooperative. Roger is very diligent, and loves accuracy, which only adds to the effective management of his venture.
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.