Alicia is 62 years old, married, and a resident of Delusom, Leon B. Postigo, Zamboanga Del Norte, Philippines. Her husband is a farmer. They have seven children, of whom six are already married and one is in school. Starting with 5,000 PHP in capital, she opened a sari-sari (general store) and was able to expand it with the help of Paglaum Cooperative. As a result of the financial assistance, she was able to generate savings and enjoys the benefits given by the co-op. She became a member in July 2008 and has taken out twelve loans.
Now she is applying for 10,000 PHP to buy additional stocks for her sari-sari store, particularly basic commodities. In the future, she wants to own a mini-mart and will be fully satisfied if she sees her children finish their studies.
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.