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Marilou, age 51, is married and lives in Bato, Plaridel, Misamis Occidental, Mindanao, Philippines. She has two children. From her desire to help the family, she engaged in a fish vending business, starting up with capital of 3,000 PHP. Her business has operated for 20 years already.

Now, she is planning to borrow PHP 14,900 from Paglaum MP Cooperative, of which she became a member.

She wants to have a stall in the public market to display her fish. Someday, she will be happy seeing her children finish their studies.

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
  • 333
    View loans »
    Philippines Loans Fundraising
  • $70,648,200
    Funds lent in using Kiva
  • 44.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Marilou to pay for more kilos of fish to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 15, 2014
Feb 11, 2014
Currency Exchange Loss:
Dec 22, 2014