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Cecilia
Cecilia B.'s main source of income comes from operating a tricycle transport service. She is 46 years old, widowed and has two adult children. She is from the town of Segatic Daku Clarin Misamis Occidental. Cecilia has been in this business for over 11 years and earns approximately 6,000 PHP a month.


In 2004, Cecilia joined GDMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Cecilia has successfully repaid a previous loan of 8,000 PHP from GDMPC. Cecilia is requesting a new loan of 10,000 PHP which will be used to repair her vehicle to provide better service. She plans to use the additional revenue to improve the general living conditions of her family.


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
  • 1235
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Cecilia to repair existing vehicle for better service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010