Camilo learned about Paglaum MPC and the financial assistance it gives to start-ups. As a farmer in Pines, Oroquieta, he tried his luck and borrowed a loan to jump-start his farming activities. After several months, he was able to return his borrowed capital. To this day, Camilo feels he owes his good fortune to the Cooperative for having trusted him with the money he used for his business. Recently, he availed a loan to purchase farm inputs and fertilizer for the next cropping season. He wishes to sustain his business and be able to provide for his family.
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.