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Joseph
Joseph, a father of two children, wants to provide for their needs. A businessman who earns from various ventures, he operates an eatery and a boarding house business, both of which feed his family.

Joseph is now requesting his second loan with PMPC for Php 50,000 to purchase raw ingredients for his eatery. He wants to expand into catering and wishes to maintain his good standing with PMPC.

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
  • 375
    View loans »
    Philippines Loans Fundraising
  • $50,745,300
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Joseph to purchase raw ingredients for his eatery business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014