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Renato is 47 years old and lives in Candanay Sur, Siquijor, Siquijor. He is married with three children who are all adults.

Renato is engaged in the peanut processing business to earn a living and has had this activity for almost 21 years. Each month, he earns approximately PHP 30,000. He has requested a loan amounting to PHP 50,000 to be used to purchase additional equipment for peanut processing.

He has been a member of PMPC for almost one year and shows a good credit record. In the future, he hopes to expand his business with this institution.

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
  • 1864
    View loans »
    Philippines Loans Fundraising
  • $61,001,400
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD
A loan of $1,125 helped Renato to buy additional equipment for peanut processing.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 23, 2013
Sep 4, 2013
Currency Exchange Loss:
Oct 4, 2013