100%

funded

Total loan: $325

Florepes

Oroquieta-Lumbayao, Aloran, Misamis Occidental, , Philippines / Agriculture

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A loan helped To buy piglet & feeds for duck raising.


Florepes's story

Mrs. Florepes C., 38, married and lives in Lumbayao, Aloran, Misamis Occidental. She has 5 children. Her husband is a mere laborer. In order to help her husband, she decided to join Paglaum Multi-Purpose Cooperative (PMPC) last April 2004. She availed loan for PHP3,000 and used it as initial capital for her “sari-sari” store (small grocery store). She was able to manage the business successfully; in fact, it became the source of their daily consumption needs and also for allowances of her elementary children in school. Now, she applies for PHP14,900 to buy piglets and feeds for her duck. She ventures into this new business to have also additional source of income. Someday, she plans to buy RTW’s (Ready to wear) products from Cebu. She will be happy enough if she sees all her children finish their studies.