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Melinda, 44, who hails from Clarin, Misamis Occidental is married to Lauro N., who is a typical farmer. During the first year of their marriage, Melinda had a miscarriage which left her unable to have children anymore. She then just contented herself looking after the house and help her husband in his farming chores.To while away her time she decided to join PMPC and got deeply involved in its community activities. She was even able to organize a group of women in her village to develop their entrepreneurial capacities.

After undergoing a series of training conducted by PMPC on how to become an entrepreneur and manage household finances, she then renovated the frontage of her house and converted it into a small retail shop. She was able to do this using a start-up loan of PHP 2,000 from PMPC. Her little business gradually grew and after two years she was able to increase her working capital to PHP 20,000. She is now able to earn an income of her own and not depend so much on the meager income from the farm of her husband. While the couple is childless, Melinda has focused her attention on leading the group of women entrepreneurs she organized in her village and help them succeed in their ventures.

Records of PMPC would show that for 15 loan cycles, Melinda has no record of default, and she was able to maintain her Member In Good Standing status. Her husband also helps her business when he is not on the farm.

Her knowledge about how to handle customers properly helped her gain additional regular clients and increase the demand for her goods. Now she is applying for a loan worth PHP 20,000 for the purchase of additional stocks to further expand her retail shop.

The couple’s future plan is to increase their business assets so that they can build a concrete sari-sari store to protect their stocks. They also have plans to renovate their house, as it is only made of light materials.

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
  • 748
    View loans »
    Philippines Loans Fundraising
  • $63,295,350
    Funds lent in using Kiva
  • 49.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Melinda purchase additional stocks for her retail shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 31, 2008
Nov 26, 2008
Currency Exchange Loss:
Jul 15, 2009