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A hardworking and determined person, Mr. Lerio B. is 54 years old, married and lives in Ibabao, Aloran, Misamis Occidental. Lerio really works hard to earn. He has two children. His source of income derives from his piggery, where his wife is his partner. They have good chemistry with his wife. Because of the benefits of Paglaum Multi-Purpose Cooperative, he decided to join and has already taken loans. He’s happy that with the cooperative's help, he was able to build a concrete pigpen with variety of pigs to raise. He started with a small beginning, with two piglets.

Seeing that his business grows is what he calls his greatest achievement with God’s help. He wants to buy feeds in bulk, that’s why he applies for a PHP 14,900 loan.

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
  • 439
    View loans »
    Philippines Loans Fundraising
  • $69,632,850
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Lerio to buy sacks of feeds.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 30, 2009
May 8, 2009
Currency Exchange Loss:
Mar 15, 2010