Matilde is earning income from a commission as a professional real estate broker and she earns approximately PHP 5,000 each month from doing this type of work. She is also receiving a monthly allotment from her husband. She has requested a loan to be used to pay the entrance fees of her daughter’s enrollment.
Matilde has been a member of Paglaum Multi-Purpose Cooperative (PMPC) for just this year. In the future, she hopes to engage in other types of business.
More information about this loan
This loan is part of PMPC's effort to provide affordable capital to students who desire access to higher education. Students are often unable to secure loans from other institutions because without a stable source of income, they are considered risky borrowers. This loan will cover tuition fees and other education related expenses for post-graduate, undergraduate, and vocational programs. By funding this loan, you are giving students access to higher education, under flexible terms that will fit their needs.
About Paglaum Multi-Purpose CooperativePaglaum 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.
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Success!! The loan was 100% repaid