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Norbasa
Norbasa G. is from the village of Adorable in Jimenez, Misamis Occidental. He is 41 years old. Norbasa is married and has 4 school-aged children. To make a living, Norbasa provides motorcycle transportation to local community members. Norbasa has been engaged in his business for over 10 years and earns approximately 12,000.00 PHP a month from these activities.

In 2010, Norbasa joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Norbasa is requesting a loan of 10000 PHP to purchase spare parts so he can provide better service. This will be Norbasa's first loan 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

  • $7,000
    Average annual income
  • 1435
    View loans »
    Philippines Loans Fundraising
  • $59,145,900
    Funds lent in using Kiva
  • 46.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Norbasa to purchase spare parts for his motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Feb 13, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010