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Nova
Nova is 34 years old; she is married and has two children, both are in grade school. She lives in Poblacion Sibutad Zamboanga del Norte. Her husband is a tricycle driver and that sustains their daily bread. She has engaged in parlor business for more than four years and earns a monthly income of PHP 5,000. Nova has requested a new loan to purchase parlor supplies. She aims for a better future through her business.

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
  • 339
    View loans »
    Philippines Loans Fundraising
  • $52,130,550
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Nova to buy parlor supplies for her barber shop business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014