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Floripes
Floripes is 60 years old. She is married with five adult children. She lives in Poblacion Sibutad Zamboanga del Norte. Floripes has engaged in a sari-sari store (small general store) in town and earned a monthly income of PHP 6,500.

Now she is applying for a loan to buy more inventory for her sari-sari store, like basic commodities. Floripes is a good member of Paglaum MPC and enjoys the benefit of being a PMPC member.

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
  • 327
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Floripes to buy more inventory for her sari-sari store, like basic commodities.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014