Luzminda is a resident of Lobogon, Oroquieta, Misamis Occidental, Philippines. She is married and has two children. They had a little fishing business from which to earn for a living. With their business they face many challenges, but they realized that it is good to face the challenges rather than get discouraged.
Luzminda and her husband work hard in selling their catch to the market. Sometimes there are wholesale buyers from other towns and cities who come to buy their fish. With their savings, they welcome the idea of expanding their business. They have requested from Paglaum MPC a loan to purchase materials and supplies needed for her fishing business. They feel assured of Paglaum’s help, should there be a need for working capital in the future.
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.