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Teodora
Teodora is 67 years old, widowed and from San Vicente Alto, Oroquieta City. She has a dry goods retailing business, which supported the needs of her family.

Recently, she applied for a loan to pay for housing materials. Teodora has been aiming to have her house repaired. She deeply desires to live comfortably with her children around.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Philippines

  • $1175
    Average annual income
  • 1099
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $475 helped Teodora to pay for materials to repair her house.
45% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2014
Listed
May 29, 2014
Currency Exchange Loss:
Possible