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Kris
Kris T. is from the village of Panay Daku, Clarin, Misamis Occidental. She is 20 years old. Kris is married and has a baby. Kris owns and operates a business raising crops. While not the only means for generating revenue, the main source of income comes primarily from planting and harvesting vegetables for sale. Kris has been engaged in her business for over two years and earns approximately 5000 PHP a month.


In 2009, Kris joined Kiva partner GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Kris is requesting a loan of 10,000 PHP which will be used to invest in expanding the business. This loan will be the first loan taken out by Kris from GDMPC. She plans to use the additional revenue generated from the business to improve her general living conditions.


About GDMPC:


GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit 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

  • $7,000
    Average annual income
  • 1457
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Kris to expand a farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2009
Listed
Aug 15, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010