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Mrs. Karren M. is a bonafide resident of Bunawan, Calamba Misamis Occidental. She is 30 years old. Married and blessed with 3 children who were in school-aged. She owns and operates a business venture which is a motorcycle repair shop together with her husband for more than 4 years and selling of snacks and autoload retailer in the local community. She will be earning a monthly net income from her business in the amount of 4,000.00.She joined PMPC last March 18, 2008 to access their programs and services of the said coop.
Recently, she's availing her 4th cycle loan in the amount of 12,000.00 for the purpose of additional capital of her existing business.

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
  • 419
    View loans »
    Philippines Loans Fundraising
  • $65,913,675
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Karren additional capital for her existing business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Sep 8, 2009
Oct 6, 2009
Currency Exchange Loss:
Jul 15, 2010