Teresita is 60 years old and married with 4 children of adult age. She is a businesswoman and uses her business as one of their sources of income. She has been a member of Paglaum Multi-Purpose Cooperative for 4 years. She borrowed money in the amount of Php. 35,000 for the purpose of buying more fruits, such as bananas, etc. for her buy and sell business. She is hoping for the improvement of the business as well as an upscale livelihood.
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.