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Sanred is 39 years old and lives in Punta Miray, Baliangao. He is single and has no children. Sanred works in the fishing industry and catches and sells fish for a living. He has been doing this for 15 years. He has requested a loan of PHP 25,000 to purchase a pump boat.

Sanred has been a member of PMPC for three years.

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
  • 1865
    View loans »
    Philippines Loans Fundraising
  • $60,984,950
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Sanred to purchase a pump boat.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 16, 2012
Feb 20, 2012
Currency Exchange Loss:
Mar 17, 2014