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Benjamin
Benjamin D. is from the village of Makawa, Aloran, Misamis Ocidental. He is 53 years old. Benjamin is single. To make a living, Benjamin raises pigs for sale. Benjamin has been engaged in his business for more than 10 years and earns approximately 6,000 Philippine pesos (about $125) a month for these activities.

In 2006, Benjamin joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Benjamin has successfully repaid a previous loan of 20,000 PHP from GDMPC. Benjamin is requesting a new loan of 10,000 PHP, which will be used to purchase baby livestock to raise and sell in the future. This will be the ninth loan taken out by Benjamin from GDMPC. He plans to use the additional revenue generated from the business to improve/expand his business.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks and small entrepreneurs.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

Additional Information

About GDMPC

Gata Daku Multi-Purpose Cooperative (GDMPC) was founded in 1992 by 32 farmer-members to empower people by providing livelihood opportunities and other support services. Today, it has over 15,000 members located in upland, lowland and coastal regions of the Philippines, and offers credit, savings, education, and various social services.

About Philippines

  • $1175
    Average annual income
  • 945
    View loans »
    Philippines Loans Fundraising
  • $53,488,575
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Benjamin to purchase baby livestock to raise and sell in the future.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2009
Listed
Jul 17, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2009