Check out some available loans that are similar to this one!
Jorenda
Jorenda C. is from the village of Sto. Niño, Tukuran Zamboanga del Sur. She is 39 years old. Jorenda is married and has four school-aged children. To make a living, Jorenda owns and operates a business serving a variety of different meals and soft drinks to customers in the local community. Jorenda has been engaged in her business for over two years and earns approximately $152 a month from these activities.

In 2009, Jorenda joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Jorenda has successfully repaid a previous loan of 10,000 PHP from GDMPC. This previous loan was used to purchase food and drinks for her restaurant. Jorenda is requesting a new loan of 15,000 PHP which will be used to invest in expanding the business. This will be her 2nd loan from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.

*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
  • 1289
    View loans »
    Philippines Loans Fundraising
  • $56,327,300
    Funds lent in using Kiva
  • 46.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Jorenda to invest in expanding the business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2009
Listed
Nov 21, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010