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Susie
Susie, age 52, is happy tending her little store. She is married with four children. The store is her means of earning a living to support to her family. Fortunately, her store is located in a populous neighborhood and so she makes a promising amount of daily sales. Susie's store is doing well even though there is increased competition from other stores. Susie believes that with PMPC's support, as one family, they will sustain and beat the competition.

Susie has reached her 3rd year of being a member to Paglaum MPC. She has applied for a loan of PHP 14,900 for the store. Expanding her inventory will mean additional income. She has confidence that she can maintain the label of member in good standing. She is a hardworking mother and wishes to sustain the store and so that she can afford a good education for her children.

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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1315
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 45.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Susie to purchase additional varieties of goods such as canned goods, beverages, noodles and shampoos.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2015