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Mrs. Salma T. is from the village of Migpangi, Bonifacio, Misamis Occidental. She is 38 years old, married to Celieto T. and blessed with 3 children of whom two are school-aged and the other is still an infant. To make a living, she is presently engaged in operating a sari-sari store. She is also receiving support from her husband who is a tricycle (motorcycle transport) driver. She’s been engaged in this kind of sari-sari store business for 3 years already. They’re earning an average amount of not less than Php 2,500 from this kind of business.

Just this year, Salma joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. As a newly recognized member of Paglaum MPC under the Regular Loan Program, Salma is requesting a loan of Php 15,000 as her 1st loan which will be used as additional capital for her existing sari-sari store. She plans to use the additional revenue generated from the business to improve the general living conditions of her family especially in meeting their basic needs, saving for future use, making loan repayments, paying for her children’s education and possible business expansion.

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
  • 358
    View loans »
    Philippines Loans Fundraising
  • $65,916,575
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Salma additional capital for her existing sari-sari (variety) store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Oct 20, 2010
Nov 22, 2010
Currency Exchange Loss:
Aug 15, 2011