Lyda is 61 years old and married with 6 children. She lives in Guinabot, Sapang Dalaga. Lyda has a shop that sells groceries and beverages. She is able to generate a monthly income of 5,200 from this business. She has been doing this for almost 20 years.
Lyda has requested a new loan to purchase 20 boxes of grocery items and beverages as additional stock to sell. Lyda has been a member of Paglaum MPC for 6 years.
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.