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Tranquilino is 64 years old and lives in Lower Lamac, Oroquieta City, in the province of Misamis Occidental in the Philippines. He is a widower and has two children.

Tranquilino has a general store that sells a variety of products such as soft drinks and canned goods. He has had this business for two years. He has requested a loan of 14,000 PHP to purchase stocks for his general store.

Tranquilino has been a member of PMPC for five years. In the future, he hopes to own a house and lot.

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
  • 360
    View loans »
    Philippines Loans Fundraising
  • $70,814,925
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Tranquilino to purchase stocks of products like soft drinks and canned goods for his general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 29, 2012
Apr 27, 2012
Currency Exchange Loss:
Feb 15, 2013