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Jenilyn
Jenilyn is a 32-years-old married resident of Brgy.Manga, Tangub City, Misamis Occidental, Philippines. Her husband is a tricycle driver. They have three children, one of which is in school. Starting with capitalization of 3,000 PHP, she opened a sari-sari (general store) and was able to expand it with the help of Paglaum Cooperative. Aside from financial assistance, she was able to generate savings and enjoys the benefits given by the co-op. She became a member in October 2013.

Now Jenilyn is applying for 10,000 PHP to purchase additional stocks for her sari-sari (general 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.

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
  • 495
    View loans »
    Philippines Loans Fundraising
  • $50,998,450
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jenilyn to purchase additional stocks for her sari-sari (general store).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2013
Listed
Nov 26, 2013
Currency Exchange Loss:
Possible
Ended:
May 18, 2014