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Novelita
Novelita is widowed with four children. She is 60 years old and lives in Poblacion Mahayag Zamboanga Del Sur, Philippines. Novelita is a farmer and at the same time, a survivor pensioner of her late (PNP) husband. She has been doing this for 10 years with capital from her pension. She has requested a loan to finance her pigs and her farm (10 sacks of feed and 5 sacks of fertilizer). Novelita has been a member of Paglaum MPC for three years. In the future, Novelita hopes to earn more for the expansion of her piggery.

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
  • 1331
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Novelita to buy feed for her pigs and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2014
Listed
Mar 16, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015