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Jacquiline
Jacquiline is 35 years old and has two school-aged children. She assists her husband in providing for their family's needs by selling fish, earning a monthly income of 10,000 Philippine pesos (PHP). She has enjoyed her membership with Paglaum MPC for ten years now. She relies on the cooperative to help her meet her funding needs. She is now asking for a loan of 50,000 PHP. She wants to buy a motor vehicle to be used for her fish-selling business. She hopes to expand her business to nearby municipalities.

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

  • $1175
    Average annual income
  • 854
    View loans »
    Philippines Loans Fundraising
  • $54,407,150
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,125 helped Jacquiline to buy a motor vehicle for her business.
92% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Jan 10, 2014
Currency Exchange Loss:
Possible