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Rosell
Rosell is 37 years old and lives in Bongabong Catadman, Ozamiz City. She is happily married with 2 adult-aged children. Rosell requested a loan to buy materials like seaweed seedlings, bottles, ties, etc. for guso, or seaweed production. She has been running this business for five years now. Rosell hopes to save for retirement and to improve her living conditions.

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
  • 1502
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Rosell to buy materials for guso, or seaweed production.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2014
Listed
Mar 2, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015