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Jerson is 59 years old and lives in Punta, Panaon, Misamis Occidental. He is married and has two children.

Jerson is engaged in a fishing and fish vending business and earns approximately PHP 4,000 each month doing this type of work. He has requested a loan of PHP 5,000 to be used in purchasing additional fishing nets.

Jerson has been a member of PMPC just this year. In the future, he hopes to expand his business.

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
  • 350
    View loans »
    Philippines Loans Fundraising
  • $65,920,300
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Jerson to purchase additional fishing nets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 5, 2012
Jun 4, 2012
Currency Exchange Loss:
Nov 15, 2012