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Juncel
Juncel R. is from San Roque, Ozamiz City. He is 30 years old, is single, and has one infant child.

Juncel owns and operates a business providing Internet services in the local community. He has been engaged in his business for over a year and earns approximately 30,000 PHP a month.

In 2007, Juncel joined GDMPC to gain access to financial services to help improve his living situation and his ability to engage in business activities. He has successfully repaid a previous loan of 45,000 PHP from GDMPC.

Juncel is requesting a new loan of 50,000 PHP which will be used to purchase additional inventory and used as working capital. This loan will be his sixth from GDMPC. He plans to use the additional revenue generated from the business to improve the general living conditions of his 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, fisherfolk 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
  • 1160
    View loans »
    Philippines Loans Fundraising
  • $54,856,275
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Juncel to purchase additional inventory and to use as working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 27, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010