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Ransom
Ransom is single and lives in Gabayan, Lazi, Siquijor. Ransom engages in hog raising to earn a living. He has had this business for 11 years. Each month he earns 7,500 PHP doing this type of work. He has requested a loan of 5,000 PHP to be used in purchasing additional piglets and feed. Ransom is a new member of PMPC. In the future, Ransom hopes to expand his business with this institution.

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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1510
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Ransom to purchase additional piglets and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014