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Zoila
Zoila, age 71, is happy tending her little store. She is married with two kids, and her husband is a butcher. The store is her means of earning a living to support her family. Fortunately, her store is located in a populous neighborhood, so she makes promising daily sales. Zoila keeps on running the store well even though there is increased competition from other stores. She believes that with PMPC's support, as one family they will sustain her business and beat the competition.

Zoila has reached her 4th year being a member of Paglaum MPC. She has applied for a loan of 40,000 PHP for the store to purchase basic commodities like rice, canned goods, and laundry soap to sell. Expanding her inventory will mean additional income. She has confidence that she can maintain her label of a member in good standing. She is a hardworking mother and wishes to sustain the store and as a result, be able to afford a good education even for her grandchildren.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 1399
    View loans »
    Philippines Loans Fundraising
  • $56,534,775
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Zoila to purchase basic commodities like rice, canned goods, and laundry soap to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2014
Listed
Apr 29, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015