Bernardino is thankful that he joined Paglaum MPC. With very little capital, he was able to start his sari-sari (general store) business. His daily sales go the extra mile for the family's needs. They were also able to save their extra income. He has applied to Paglaum MPC for additional capital of PHP 10,000 to buy oil, vinegar, soy sauce and sugar to sell. Bernardino said he was attracted to Paglaum MPC for the savings and insurance services of the cooperative. He wants to gradually expand his little store and taste the good life someday.
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.