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Preciosisima
Preciosisima is 60 years old and married with 12 children. She is residing in Barangay Bintana, Tangub City, Misamis Occidental. Preciosisima has a corn farm as their source of income. She has been a member of Paglaum Multi-Purpose Cooperative for five years. Since she is a member, she borrowed money with a loan amount of 14,000 PHP with the purpose of buying fertilizers for the corn crops on the farm. She is hoping to improve living conditions by using the profits of the farm income.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 978
    View loans »
    Philippines Loans Fundraising
  • $54,456,775
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Preciosisima to buy fertilizers for the corn farm.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2014
Listed
Jun 12, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015