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Romana
Mrs. Romana D., 59 years old, married, lives in Tawi-tawi, Aloran, Misamis Occidental. She is blessed with five children. Her husband is government employee. Romana thought of a project that could help her husband particularly on meeting financial needs of her family. She then ventured on pig raising, starting up with only one piglet. Needing capital to finance the daily feeds of her piglet, she then joined PMPC last July 2008 and availed of loans to increase the number of her piglets. Now, she applies for PHP 14,900 loan to buy one sow and a few sacks of feeds for the piglets. She plans to raise them but some of it will be sold to Sotto Meat Dealer. Romana will be very happy and excited if she sees all her piglets grow healthy, for she knows that this will be additional income for her family. She hopes to see her children finish their studies as it will be a great fulfillment for her as a mother.

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
  • 1316
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Romana to buy sacks of feeds for pig raising.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2009
Listed
Feb 25, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009