Anita is on her 7th year of membership in Paglaum MPC. All these years, Paglaum has been a consistent financing partner. The capitalization of 2 sewing machines was made easy. Today, Anita wants to try curtains and appliance and throw pillow covers. But this new venture will require capital for the materials, so she has applied for a PHP 10,000 loan.
Anita would like to employ one dressmaker for her business and she hopes to save money for her old age. But more than anything else, she fervently pray for a united, happy and healthy family.
About Paglaum Multi-Purpose CooperativePaglaum 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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Success!! The loan was 100% repaid