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Benjamin
Benjamin is 50 years old and lives in Locsoon, Tudela, Philippines. He is married with four children.

Benjamin has a chainsaw operating business and earns approximately PHP 10,000 each month doing this type of work. He has requested a loan to restock additional lumber to sell.

Benjamin has been a member of PMPC for a month. In the future, Benjamin hopes to earn more, part of which will be allocated to his 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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1511
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Benjamin to restock additional lumber to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2013
Listed
Jan 1, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015