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Marilou Saluta Group
In this Group: Marilou, Luzminda, Restituta, Leonora, Janeth
Marilou S. is 47 years old, married and has three school-aged children. She is from the village of Pan-ay, part of the municipality of Clarin in Misamis Occidental province on the Mindanao islands. Marilou is the group leader of a five-member group loan offered by PMPC. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

Marilou is a farmer who plants and harvests rice for sale. She has been in business for over eight years and earns approximately 4,000 PHP a month.

In 2008 Marilou joined PMPC to gain access to its financial services. She has successfully repaid a previous loan of 14,900 PHP from PMPC that was used to purchase additional seeds, seedlings and young plants to grow. Marilou is requesting a new loan, her sixth from PMPC, of 14,900 PHP that will be used to purchase fertilizers such as manure. She plans to use the additional revenue generated 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 one-on-one translations of entrepreneur profiles are costly, Kiva created this template for our Field Partner to allow it 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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $7,000
    Average annual income
  • 603
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Marilou Saluta Group's $1,625 loan helped a member to purchase fertilizers such as manure.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 28, 2010
Oct 13, 2010
Currency Exchange Loss:
Aug 15, 2011