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Florinita wants to expand her sari-sari store business. She wants to gain more profit and to have enough to sustain her family, especially for her children. In order for her to make her wish possible, she needs PHP 7,000 additional capital and will use the money to expand her business. She intends to restock her store with cases of soft drinks and packs of biscuits to sell. She hopes to live a comfortable life someday with her family.

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
  • 690
    View loans »
    Philippines Loans Fundraising
  • $63,147,100
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $175 helped Florinita to restock her store with cases of soft drinks and packs of biscuits to sell.
89% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 22, 2014
Jun 11, 2014
Currency Exchange Loss: