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Merly
Merly is 47 years old, married, and has six school-age children.

She has been engaged in snack vending for seven years with a monthly income of PHP 5,000. She joined Paglaum in 2004 and applied for a loan to purchase additional ingredients for snack vending. A portion of her loan will be used to pay for labor in cultivating their land for a garden to have additional income. The profit she earns will be used to support the education of her children.

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
  • 1064
    View loans »
    Philippines Loans Fundraising
  • $57,698,150
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Merly to purchase ingredients for snack vending.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2014
Listed
May 3, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015