A loan of $350 helped to buy construction/raw materials for her house renovation.


Loreta's story

Loreta, aged 59, is married and is from Lawa-an, Aloran, Misamis Occidental, Philippines. From her desire to help her family, she has operated a buy-and-sell business for the past two years from which she earns a living.

Loreta enjoys the privileges of being a member of the Paglaum Multi-Purpose Cooperative (PMPC). Now, she is applying for a loan of PHP 14,900 from the cooperative. This loan is intended to purchase construction/raw materials needed for her house renovation. The income from her business will be used to repay the loan.

Loreta dreams of nothing more than to have a decent living, a happy and healthy life with her family, and an adequate income from her business. She deeply wishes to continue to be a member in good standing with PMPC and to repay her obligations in a timely manner.



Loan details


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Loan details