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Marilou
Marilou is 46 years old and lives in Dela Paz, Clarin, Philippines. She is married with two children.

Marilou works in the fish industry and sells fish for a living. She has been doing this for 10 years. She has requested a loan to purchase additional materials used for the repair of her house such as plywood, common nails, lumber, cement, plain sheets, corrugated bars, etc. Marilou has been a member of PMPC for three years. In the future, Marilou hopes to financially support her immediate family members.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Philippines

  • $7,000
    Average annual income
  • 1431
    View loans »
    Philippines Loans Fundraising
  • $59,145,900
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Marilou to purchase materials to repair her house .
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014