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Patricia
Patricia learned about Paglaum MPC and the financial assistance it gives start-ups. As a farmer in Sindangan, she tried her luck and borrowed a loan to jump start her farming activities. After several months, she was able to return her borrowed capital.

To this day, Patricia feels she owes her good fortune to the Cooperative for having trusted her with the money she used for her business.

Recently, she availed herself of a loan to purchase farm inputs and fertilizer for the next cropping season. Patricia wishes to sustain this business and be able to provide for 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

  • $1175
    Average annual income
  • 1521
    View loans »
    Philippines Loans Fundraising
  • $56,687,475
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Patricia to purchase farm inputs and fertilizer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2014
Listed
Jun 25, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2014