Loreta is 69 years old, and lives in Palilan, Jimenez, Misamis Occidental. She is married with four children, who are now at adult and school age.
Loreta has a little store, and sells groceries and other consumable products. She is also engaged in operating a mini-sawmill and in fishing activity. Loreta earns approximately PHP10,000.00 each month doing this type of business activity. She has requested a loan to be used to purchase additional fishing equipment.
Loreta has been a member of PMPC for almost five years. In the future Loreta. hopes to expand her business.
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.