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Aldiojojan
Aldiojojan B. is from the village of San Vicente Bajo, Oroquieta City. He is 40 years old, married, and has two school-aged children. To make a living, Aldiojojan owns and operates a general store. The main source of income for the business comes from selling daily use products such as candies, sugar, noodles, shampoo, soap, toothpaste etc. in the local community. Aldiojojan has been engaged in his business for over five years and earns approximately 5,000 PHP per month from these activities.

In 2008, Aldiojojan joined Kiva partner, GDMPC, to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan of 20,000 PHP from GDMPC. Aldiojojan is requesting a new loan of 20,000 PHP, which will be used to purchase additional products to sell. This loan will be his fifth from GDMPC. He plans to use the additional revenue generated to improve and expand his business.


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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $52,188,500
    Funds lent in using Kiva
  • 45.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Aldiojojan to purchase additional products to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011