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Jocelyn Q. is from Bernad Subdivision, Aguada, Ozamiz City, Misamis Occidental. She is 43 years of age. Jocelyn is married and has 2 children both of whom are now school-aged. To make a living, Jocelyn is engage in operating a sari-sari (variety) store and retailing Hypochlorine, a disinfectant and anti-stain chemical. Her main source of income comes from her sari-sari store and hypo-retailing business. Jocelyn has been engaged in this kind of business for over 4 years and earns approximately 10,000 PHP a month from these activities.

In August 2008, Jocelyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Jocelyn has successfully repaid a previous loan of 10,000 PHP from PMPC. Jocelyn is now requesting a new loan of 8,000 PHP which will be used as added capital for her sari-sari store and hypo-retailing businesses. This will be the 3rd loan taken out by Jocelyn from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About PMPC:
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.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 444
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 45.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Jocelyn additional capital for her sari-sari store and Hypo-retailing businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 8, 2010
Jul 1, 2010
Currency Exchange Loss:
Jul 15, 2011