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Elizabeth has a fishing business in Plaridel. She and her husband work hard to support their family through fishing. Elizabeth is a pioneer member of PMPC Microfinance and has remained a member with the label of member of good standing. She has no record of default in her credit dealings with the Cooperative. Recently, she applied for a loan to purchase an additional fish net. She wants to improve the catch by adding a fish net. She is confident that they will earn more with this addition.

Elizabeth is happy to live comfortably with her family around her, and with PMPC as her financing partner.

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
  • 461
    View loans »
    Philippines Loans Fundraising
  • $69,787,225
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Elizabeth to purchase an additional fish net.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
May 15, 2014
Jun 14, 2014
Currency Exchange Loss:
Apr 17, 2015