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Glen is 36 years old, married with five children and they are reside in Tacdog, Siquijor.

He has owned a sari-sari (convenience store) business for 25 years and earns 9000 PHP a month to support his family's daily needs.

He has been a PMPC member for two years and now has requested a loan amounting to 30000 PHP to purchase different products for his store and to continue operating 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
  • 455
    View loans »
    Philippines Loans Fundraising
  • $69,701,375
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD
A loan of $725 helped Glen to purchase different products for his sari-sari (convenience) store.
Repayment Term
19 months (Additional Information)
Repayment Schedule
May 1, 2013
May 31, 2013
Currency Exchange Loss:
Jun 30, 2013