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Mrs. Meriam M. is 40 years old, married and lives at Upper Langcangan Oroquieta City. She has two adult children.

Her husband is a tricycle driver. (A tricycle is a motorcycle with a passenger cab.)

Determination and hard work are what Mrs. M. believes in. She joined Paglaum Multi-Purpose Cooperative to avail herself of its loan facilities. The coop teaches its members to have a "livelihood project," or business, in order to become productive and self-reliant. At this time, her husband drives a tricycle they bought with a loan that they have since paid off.

Now, she is applying for PHP 45,000 to buy additional goods for sale and a franchise for their tricycle.

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
  • 380
    View loans »
    Philippines Loans Fundraising
  • $70,798,900
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Meriam to buy additional goods for sale and a franchise for their tricycle.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Mar 20, 2011
Apr 19, 2011
Currency Exchange Loss:
Sep 15, 2012