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Richel is from Dullan, Aloran, Misamis Occidental, Philippines. She is 38 years old and is married with children.
Richel has applied for membership with PMPC. Hearing of all the benefits she never hesitated to become a member. She maintains the status of being a member in good standing and repays her obligations in a timely manner.

Richel is asking for financial assistance of Php 7,000 to buy stock of basic commodities. Through this she hopes to increase her income and be of help in the expansion of her business. She has found assistance for their financial needs through Paglaum Multi Purpose Cooperative and she is very thankful with all her heart.

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

  • $7,000
    Average annual income
  • 1460
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Richel to buy stock for basic commodities.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 16, 2014
Jan 20, 2014
Currency Exchange Loss:
Jul 17, 2014