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May Annelieze
Mrs. May Annelieze D., is 42 years old, married, and blessed with 4 children. Her husband is an auditor in MHARS General hospital, Ozamiz City. As of now 2 of her children are studying in college as Nursing Student and the other 2 are elementary pupils.

Even though her husband has a permanent job, she needs extra income because of economic crisis and 2 of her children are college students. That’s why she decided to engage in Ready-to-Wear (RTW) Clothes retailing. Since her capital to her business is not sufficient she decided to join Paglaum Multi-Purpose Cooperative because she heard from her neighbor that the cooperative is offering livelihood programs and microfinancing services.

The PMPC became a great help to her business because she was able to put up additional capital to her RTW Business. She is a member in good standing in Sampaguita Center, Dolores, Clarin, Misamis Occidental. She is now requesting a loan of PHP 14,900 to purchase additional RTW clothes for sale.

Mrs. D. plans to have an additional quality stocks of RTW clothes for her business and enable her college students finish their studies.

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
  • 320
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 49.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped May Annelieze purchase additional ready to wear clothes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2008
Listed
Dec 17, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009