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Jose is 59 years old and lives in Sinara Bajo, Jimenez, Misamis Occidental. He is married and has four children.

Jose is engaged in a snack vending business and earns approximately PHP 3,000 each month doing this type of work. He has requested a loan to purchase more raw ingredients for his snack vending business. Jose has been a member of PMPC for one year. 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
  • 340
    View loans »
    Philippines Loans Fundraising
  • $66,029,700
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD
A loan of $1,225 helped Jose to purchase more raw ingredients for his snack vending business.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 26, 2013
May 30, 2013
Currency Exchange Loss:
Jun 29, 2013