Preheat oven to 400°F. Cut panela cheese into 1-inch cubes. Place in large bowl; toss with garlic, cilantro and olive oil. Cut 1-inch from top of bread loaf; scoop out enough bread to hold cheese mixture. Spoon in cheese mixture; place on cookie sheet. Wrap side of bread with foil to cover. Cut bread top into 1-inch cubes; place on cookie sheet with bread bowl. Or, if not using bread bowl, spoon cheese mixture into a shallow 1-quart casserole.
Bake bread bowl and cubes or casserole 15 to 18 minutes or until cheese is browned and bread is toasted. Serve the dip with veggies, crackers and bread cubes. Serve immediately.