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Remen
Remen is 43 years old and lives in Purok 5 Molicay, Ozamiz City. He is married with one infant-aged child.

Remen has a general store business and earns approximately PHP 5,000 each month doing this type of business. He has a requested a loan of PHP 5,000 to purchase more stock for his business.

Remen has been a member of PMPC for four months. In the future, Remen hopes to improve his living conditions.

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

  • $1175
    Average annual income
  • 275
    View loans »
    Philippines Loans Fundraising
  • $52,815,175
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Remen to purchase more stock for his general store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012