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Perla A. is from the barangay of Gata Daku, Clarin, Misamis Occidental. She is 62 years of age and married. This couple was blessed with 5 children, all now at their adult stage and having their own families. Perla is presently engage in vegetable and suman ( sticky rice) vending, “malagkit rice” in local terminology. Aside from that, her husband is a farmer and the one cultivating their own corn land. Her main source of income comes from suman vending and vegetable vending businesses. Perla has been engaged in this kind of business for over 30 years and earns approximately 4,000 PHP a month from this activity.

In 2005, Perla joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Perla has successfully repaid a previous loan of 10,000 PHP from PMPC. Perla is now requesting a new loan of 14,000 PHP which will be used to add to her capital for her suman and vegetable vending. The remaining amount will be used for house renovation. This will be the 7th loan taken out by Perla from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family and savings for future house repairs and renovations.

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
  • 394
    View loans »
    Philippines Loans Fundraising
  • $66,139,225
    Funds lent in using Kiva
  • 45.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Perla additional capital for vegetables and suman vending businesses.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 25, 2010
Jul 1, 2010
Currency Exchange Loss:
Mar 24, 2011