Sheree-Ann earns a living offering Nipa thatch weaving services. She is 35 years old, married, and lives in Dopol,Bagumbang Bonifacio. She is well known for the high quality services she offers. She has previously purchased Nipa palm and was able to contribute to her savings. Her services yield a net profit of 5,000 PHP per month.
Sheree-Ann seeks a loan to purchase nipa palm for weaving. This is a regular loan and would be repaid within a few months. She has never had a delinquency in her previous loans. Sheree-Ann is very diligent and accurate, qualities which add to effective management of her venture.
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.