Marelyn is a businesswoman from Sapang Ama, Sapang Dalaga. She is 32 years old and is married with two school-age children. Marelyn has a little sari-sari (convenience store) business, which she has managed for 10 years now. She last reached out to Paglaum Multi-Purpose Cooperative (PMPC) for financial help in 2009. She has religiously paid all her obligations in a timely manner.
In need of more capital to restock her store with cases of soft drinks and bags of rice, Marelyn applied for another loan. The profit she earns from her business will be saved to Paglaum for the purpose of educating her children.
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.