Griva E. is from the city of Dapitan. She is 55 years old. Griva is married and has 5 adult-aged children. To make a living, Griva owns and operates a business that provides motorcycle-for-hire services to local community members. Griva is just starting this business.
In 2006, Griva joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Griva has successfully repaid a previous loan of 14,500 PHP from PMPC. Griva is requesting a new loan of 14,000 PHP which will be used to purchase a cab to attach to her motorcycle to improve the business. This loan will be the 6th loan taken out by Griva from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.
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.