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Mrs. Hiede H. is 27 years old, married and has 1 child. Her husband is a carpenter, motor-tricycle taxi driver and a jeweler. Her husband is well rounded and must be resourceful in order to raise his family. Aside from driving his passenger tricycle for hire, he is also makes rings on a per order basis from his neighbors and friends. He is building his first fishing boat. It will used for fishing as they live nearby the seashore.

Hiede joined Paglaum Multi-Purpose Cooperative over a year ago and she very much appreciates the programs, services and continuous education of the co-op. She is a member in good standing and very active in attending their Weekly Center Meetings.

She is requesting a loan in the amount of PHP 13,000.00. This loan is intended to purchase additional materials to finished her husbands fishing boat.

They are planning to build their own house since they are now living together with her mother. They would like to send their child on to college to complete a degree.

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
  • 1804
    View loans »
    Philippines Loans Fundraising
  • $60,866,650
    Funds lent in using Kiva
  • 49.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Hiede purchase construction materials for a fishing boat.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Dec 9, 2008
Dec 19, 2008
Currency Exchange Loss:
Oct 15, 2009