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Ireneo
Ireneo is widowed with 3 children. He is 57 years old and lives in Tabo-o, Jimenez, Misamis Occidental.

Ireneo sells fish, meat and chicken to earn a living and has had this business for 30 years. He has requested a loan of 50,000 PHP to be used in purchasing more fish, and also in purchasing chicken and meat for his sideline business.

Ireneo has been a member of PMPC for 5 years. In the future, he 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
  • 1260
    View loans »
    Philippines Loans Fundraising
  • $57,871,450
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD
Expired
A loan of $1,200 helped Ireneo to purchase more fish, and also to purchase chicken and meat for his sideline business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Expired:
Sep 23, 2012