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Asuncion is 50 years old and lives in Sumasap, Panaon, Misamis Occidental. She is married with four children.

To earn a living, Asuncion has a business selling snacks. She earns about 3,000 Philippines pesos (PHP) each month doing this type of work. Asuncion has requested a loan of 6,000 PHP to purchase more raw ingredients for her snack-vending business.

Asuncion has been a member of PMPC for one year. In the future, Asuncion would like to engage in another type of 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
  • 331
    View loans »
    Philippines Loans Fundraising
  • $70,661,000
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Asuncion to purchase more raw ingredients for her snack-vending business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 31, 2012
Aug 26, 2012
Currency Exchange Loss:
Feb 15, 2013