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Mrs. Mely A. is from the village of P2 Malaubang, Ozamiz City, Misamis Occidental. She is 59 years of age and married to Domingo A., a carpenter, and at the same time her business partner. They were blessed with four children, all adults with their own families now. Mely is presently engaged in buying and selling junk, particularly scrap metals, plastics and bottles. She and her husband have been engaged in this business for five years and earn approximately $220 a month from sales of their scrap metal, plastic and bottles.

In 2007, Mely joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 30,000 PHP from PMPC. She is now requesting a new loan of 50,000 PHP which will be used to add to her capital for their recycling business. This will be her 7th loan from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family, and as savings for future use, especially for future business expansion and for buying another motorcycle for business use.

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
  • 327
    View loans »
    Philippines Loans Fundraising
  • $70,640,175
    Funds lent in using Kiva
  • 45.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Mely additional capital for their recycling business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
May 29, 2010
Jul 1, 2010
Currency Exchange Loss:
Jan 15, 2011