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Loreta
Loreta is 47 years old, and she is married with two kids.

In 2009, Loreta applied for her membership with PMPC. Hearing of all the benefits, she never hesitated to become one. She maintains the status of being a member in good standing and repays her obligations in a timely manner.

Recently, Loreta has asked for financial assistance of 15,000 PHP (Philippines pesos) to purchase additional raw ingredients for her herbal medicine business. Through this, she hopes to increase her income and be of help in the expansion of her business. She has found assistance for financial needs through Paglaum Multi Purpose Cooperative, and she is very thankful with all her heart.

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
  • 896
    View loans »
    Philippines Loans Fundraising
  • $53,402,900
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Loreta to purchase additional raw ingredients for her herbal medicine business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014