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Lydia
Lydia is 68 years old and lives in Tabo-o Jimenez, Misamis Occidental. She is married with 4 children who are now in adulthood.
For their means of living, Lydia has been engaged in managing a small carenderia business for 10 years already and earns approximately PHP 8,000.00 each month doing this type of work. She has requested a loan to be used in purchasing 2 sacks of rice, 5 kilos of beef, 5 kilos of meat, 5 kilos of dressed chicken, 5 kilos of fish, spices, seasonings, 10 cases of soft drinks and other ingredients for the food she’s going to sell in her carenderia business.
Lydia has been a member of PMPC for 8 years. In the future Lydia hopes to expand her 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.

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About Philippines

  • $7,000
    Average annual income
  • 1256
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Lydia to purchase rice, beef, meat, dressed chicken, fish, spices, seasonings and soft drinks.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2014
Listed
Feb 25, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015