Elsa is a farmer. She is 50 years old, married, and a microfinance member of Paglaum Multi-Purpose Cooperative (PMPC). She and her husband are hands-on in doing their farming activities. She hopes to expand their farming by adding another variety of commodities.
For additional capital, Elsa acquired a loan to purchase farm supplies and farm inputs. She hopes to maintain a good credit record with PMPC.
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.