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Adelaida
Adelaida, 36 years old, is separated and lives in Gabayan, Lazi, Siquijor. She has two children who are in school.

From her desire to help the family, she engaged in a fish vending starting up with a capital of 3,000 PHP. It has operated for two years already.

Now, she is planning to borrow PHP 10,000 from Paglaum MP Cooperative, of which she became a member in 2013.

She wants to have a stall in the public market to display her fish. Someday she will be happy seeing her children finish their studies.

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

  • $1175
    Average annual income
  • 233
    View loans »
    Philippines Loans Fundraising
  • $52,041,500
    Funds lent in using Kiva
  • 45.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Adelaida to purchase additional equipment for fishing, such as a fish net.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014