Aida is 45 years old and married with two adult-age children. She lives in Sepac, Sapang Dalaga, Misamis Occiental. She has been engaged in coconut farming with her husband for five years. She has a quarterly income of 15,000 PHP from the said coconut. Aida joined Paglaum in 2009 and has applied for several loans already. Recently, she applied for a loan to purchase fertilizer for the coconut trees. The profit she gains from this business will be saved for Paglaum, for savings, retirement, and to support their daily consumption.
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.