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Adelyn
Adelyn is 35 years old and lives in Bongabong, Tangub City, Misamis Occidental. She is married with three children who are school age. Adelyn has been engaged in managing a retail store that sells good lumber, firewood and other wood for two years. She earns approximately PHP 5,000 per week doing this type of business activity. She has requested a loan to be used in purchasing additional stock for her wood retail business. Adelyn has been a member of PMPC for a year. In the future Adelyn hopes to expand her business to gain more profits and to provide for the education of her children.

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.

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About Philippines

  • $7,000
    Average annual income
  • 1304
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,150 helped Adelyn to purchase additional stock for her wood retail business.
91% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 24, 2014
Currency Exchange Loss:
Possible