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Nena has switched from selling snacks to selling whole coconuts and copra. Her business is doing well and sufficiently provides for her family. With her husband's help, she has maximized her profits and keeps pursuing her goals for the good of her family. The reason why she has borrowed another loan from PMPC is to buy more whole coconuts for resale. In the future, Nena hopes to buy a hauling truck for delivery.

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

  • $7,000
    Average annual income
  • 2102
    View loans »
    Philippines Loans Fundraising
  • $61,204,950
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Nena to buy more whole coconuts for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 22, 2014
Aug 25, 2014
Currency Exchange Loss:
Jun 25, 2015