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Marven earns a living offering internet cafe services. He is 28 years old, married, and lives in Pangi, Siquijor, Siquijor. He is now well known for the nice quality of services he offers. He has already purchased computer sets and has been able to save from it. His services are self-sustainable and profitable, with a net profit of about PHP 10,000 per month.

Marven is seeking a PHP 30,000 loan. He would like to use the loan to purchase additional computer sets and equipment. This is a regular loan, and would be repaid within a few months. This is his availment. Marven is very diligent and accurate, which only adds to the effective management of his venture.

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
  • 365
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Marven to buy additional computer sets and equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 17, 2014
Mar 18, 2014
Currency Exchange Loss:
Mar 19, 2015