Nelda is 46 years old and lives in Señor, Sinacaban. She is married, has four children and earns a living by running a general store where she sells a variety of products. She has had this business for four years and is requesting a loan of PHP 9,000 to purchase additional products to sell, such as canned goods, noodles, beverages and detergents. Nelda has been a member of PMPC for three years and hopes to expand her business in the future.
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.