Reynaldo is 64 years old and married with three children. He lives in Poblacion, Titay, Zamboanga Sibugay. For the past three years, Reynaldo has operated a sari-sari (general) store to earn a living. He earns 15,000 PHP each month. Reynaldo is a new member of PMPC who joined in 2013.
Reynaldo is requesting a 49,900 PHP loan to buy sacks of rice and corn to sell. In the future, he hopes to expand his business.
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.