A loan of $325 helped to finance their fishing business.


Elvie's story

Mrs. Elvie S., 40 years of age, is married and lives in Eastern Looc, Plaridel, Misamis Occidental. With their simple abode near the seashore, she works hard to support her family with buying and selling fish and other seafood. Her husband, who is a fisherman, and all her six children help one another make a living.

Close family ties motivate the couple to survive. They applied to Paglaum for a loan in the amount of PHP 15,000 to finance their fishing business.

Elvie desires to send all her children to school with Paglaum MPC as her financing partner.



Loan details

Loan length:

14 months
Disbursed date: March 11, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: March 11, 2009
Facilitated by Field Partner: Paglaum Multi-Purpose Cooperative (PMPC)