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Elisa, 46, is married and lives in Lower Lamac, Oroquieta City. She generates money through her sari-sari store business. Her business is the only one she has had. It means that their source of living is her sari-sari store. Fortunately, because of the high demand of the customers, she needs additional stock for her business. She is borrowing money from PMPC. In addition to that, she became a member for 1 year.

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
  • 548
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Elisa to purchase additional stocks for her sari-sari (variety store) business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Nov 14, 2013
Nov 28, 2013
Currency Exchange Loss:
Oct 23, 2014