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Julieta C. is from the village of Landing, Baliangao. She is 56 years old, married and has 3 adult-aged children. Julieta owns and operates a business growing rice to sell. Julieta has been engaged in her business for over 8 years and earns approximately 3,000 PHP a month from it.

In 2004, Julieta joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Julieta has successfully repaid a previous loan of 2,000 PHP from PMPC, which was used for personal purposes. Julieta is requesting a new loan of 50,000 PHP which will be used for rice production. This will be the 6th loan taken out by Julieta from PMPC.

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
  • 420
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Julieta for rice production.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Oct 14, 2010
Oct 17, 2010
Currency Exchange Loss:
Jun 15, 2012