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Jose Renale
Jose Renale is single, 38 years old, and lives in Green Valley, Tinago, Ozamiz City, Misamis Occidental. He has had an Internet cafe for five years. Each month, he earns approximately 5,000 Philippine Pesos (PHP).

Jose Renale has requested a loan of 15,000 PHP to purchase equipment upgrades for his business.

Jose Renale has been a member of PMPC for over a year. In the future, Jose Renale hopes to expand his business.

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
  • 1446
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Jose Renale to purchase equipment upgrades for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 12, 2011
Jul 26, 2011
Currency Exchange Loss:
Feb 15, 2012