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Arceli
Arceli is 35 years old, married with a happy family and residing at Brgy. Garang, Tangub City, Misamis Occidental, Philippines. She is a persistent and determined businesswoman who believes in life that money can be found in business. As she ventured into the business of buying rice grains and selling milled rice, she proved it. She also has a retail grocery store and supports it with her husband. Meanwhle, she has been a member of Paglaum MPC since 2009.

Arceli is availing herself of the loan amount of PHP 30,000 for additional capital to finance buying rice grains and selling milled rice. She positively believes in improving her life, developing her income and progressing as a successful businesswoman.

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

  • $7,000
    Average annual income
  • 1454
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Arceli to finance buying rice grains and selling milled rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2014
Listed
May 1, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015