Pilar, 62 years old, is a resident of Upper Langcangan, Oroquieta City. She manages a small sari-sari store that earns her a living and generates a source of income. Now, Pilar is applying a loan of PHP 5,000 to have additional capital for her sari-sari store business.
Through this loan, Pilar hopes to increase her income and to help in the expansion of her business. She has found assistance for her financial needs through Paglaum Multi-Purpose Cooperative and she is very thankful with all her heart.
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.