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Matilde is 42 years old and lives in Naga, Jimenez, Misamis Occidental. She is married, with two children who are now at their school age.

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.

Additional Information

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 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

  • $7,000
    Average annual income
  • 1460
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Matilde to pay the entrance fees of her daughter’s enrollment.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Apr 10, 2014
Apr 23, 2014
Currency Exchange Loss:
Aug 17, 2014