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Mrs. Janet A. as shown in the picture is a resident of barangay Danao, Plaridel, Misamis Occidental, Philippines. She is married and blessed with three children. Like any other people who live in barangay Danao, her primary source of income is fishing. Her fishing business sustains everyday needs and meet the rising cost of education for her children.

While her children are still young, Janet wants to insure her children’s future. Janet also wants to raise her children well. To make her dream come true, Janet and her husband need an amount of PHP 50,000 to be used as additional capital for fishing and to purchase their own fishing boat.

As Janet looks forward to have a good life, able to send her children to school until they finish college, to have enough to sustain their everyday needs to make improve their way of living. All of these will hopefully be realized if they improve their fishing business..

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
  • 708
    View loans »
    Philippines Loans Fundraising
  • $63,295,350
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Janet to purchase new pumpboat to be used as a fishing boat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 14, 2009
Jan 28, 2009
Currency Exchange Loss:
Oct 15, 2009