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Nenita, 63 years old and married, lives in Talairon, Oroquieta City. She has 3 children. Her husband is a pensioner. Nenita is interested in rice retailing, that’s why she has ventured into this kind of business. For her, it is very saleable because Filipinos eat rice thrice a day.

The working capital will not be a hindrance for her because she has been a member of Paglaum since May 2002. Recently she applied for PHP 25,000 to buy more sacks of rice for retailing. She hopes that her business will become successful in order to gain more profit and more blessings for her family as well.

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
  • 439
    View loans »
    Philippines Loans Fundraising
  • $69,731,675
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Nenita to buy sacks of rice for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 19, 2009
Mar 26, 2009
Currency Exchange Loss:
Nov 15, 2009