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Sep 29, 2016 7:39 EST

Philippines: Teresita – A loan of $650 helps to purchase variety of ornamental plants that she can grow and sell.

iCrowdNewswire - Sep 29, 2016

Teresita

Philippines
 
 
Borrower image
 

Teresita’s story

Teresita has a collection of ornamental garden plants. She finds pleasure in doing her gardening activities and earning as well for her family.

As a Microfinance member of PMPC, she has sought financial help to purchase variety of ornamental plants that she can grow and sell.

In the future, Teresita wishes to become the supplier of flowers in the neighboring towns. 

This loan is special because:

It allows borrowers in underserved regions to access capital. 

Mark McDonagh
Kiva staff 

More about this loan 

About Paglaum Multi-Purpose Cooperative (PMPC):

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.

A loan of $650 helps to purchase variety of ornamental plants that she can grow and sell.

Contact Information:

Teresita

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