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Ruben
Ruben is a Barangay Councilor of his barangay (neighborhood) and married to a housewife with six children. Ruben is 54 years old and lives in Barangay Minsubong, Tangub City.

To earn a living, Ruben has had a business of buying and selling bananas for five years. Each month, he earns approximately PHP 10,000.00. Ruben has been a member of PMPC for three years and took several loans already. Now, he applied another loan to buy more bananas to sell.

In the future, with his extra income, he wishes to send all his children to school so they may have stable careers.

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.

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About Philippines

  • $1175
    Average annual income
  • 277
    View loans »
    Philippines Loans Fundraising
  • $52,803,225
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,125 helped Ruben to buy more bananas to sell.
45% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
Apr 30, 2014
Currency Exchange Loss:
Possible