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Anita A. is 62 years old, married and, unluckily, has no children. She is from the village of Siparok, a part of the municipality of Jose Dalman, Zamboanga del Norte province of the Mindanao islands. Anita runs a sari-sari (variety) store. She also receives a monthly pension. Anita has been in business for over six years and earns approximately 15,000 PHP a month from both these sources.

Anita joined PMPC to gain access to its financial services. Anita is requesting a loan of 30,000 PHP that will be used to add to her capital for her business. This is the first loan taken out by Anita from PMPC. He plans to use the additional revenue generated from the business 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.

About Philippines

  • $7,000
    Average annual income
  • 362
    View loans »
    Philippines Loans Fundraising
  • $70,814,925
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Anita for additional capital to buy products for her store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 11, 2011
Feb 3, 2011
Currency Exchange Loss:
Aug 15, 2012