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Raul
Raul is a 42-year-old disabled man from Potungan, Zamboanga del Norte. He is married and has one school-age child. Raul is very responsible about supporting his family.

Raul is a mechanic. He is also engaged in selling spare motor parts on a retail basis. Raul is applying for a loan because he needs capital to purchase additional spare parts to sell. In the future, Raul deeply wishes to support his child's education save money to expand his store.

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.

About Philippines

  • $7,000
    Average annual income
  • 1481
    View loans »
    Philippines Loans Fundraising
  • $59,394,700
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Raul to purchase additional spare motor parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
May 6, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 25, 2015