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Claire
Claire V. is from the village of Poblacion 2 Oroquieta City Misamis Occidental. She is 19 years old and is single. To make a living, Claire owns and operates a business in the services sector. While not the only means for generating revenue, the main source of income for the business comes primarily from operating an e-loader "SMART" business. Claire has been engaged in her business for over 1 year and earns approximately 5000 PHP a month from these activities.

In 2010, Claire joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Claire is requesting a new loan of 30000 PHP which will be used to invest in renovating the business. This loan will be the first loan taken out by Claire from GDMPC. She plans to use the additional revenue generated from the business to pay her tuition fees.

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
  • 1122
    View loans »
    Philippines Loans Fundraising
  • $54,636,050
    Funds lent in using Kiva
  • 46.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Claire business renovation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2010
Listed
Mar 7, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010