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Alexander is married and the father of three children. He is 43 years old and lives in Salimpono, Panaon, Misamis Occidental, where he earns a living by growing coconuts. He has been in this line of work for five years, and is requesting a loan for PHP 50,000 to buy a motor vehicle. Alexander has been a member of PMPC for the last year and hopes in the future to increase his output by acquiring another parcel of land.

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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $65,920,300
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD
A loan of $1,200 helped Alexander to buy a vehicle.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 25, 2012
Jul 24, 2012
Currency Exchange Loss:
Aug 23, 2012