Gloria is 60 years old and married with six children. She supports her needs, and presently resides at Pasihagon, Siquijor, Siquijor. She has engaged in this type of business for ten years, and earns a monthly net income of PHP 2,000.00. She requested loan of three thousand pesos to purchase additional fishing net.
She has been a new member of PMPC with good a credit record, and hopes to expand her existing 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.