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Melanio
Melanio A., from the city of Stimpson Abordo Ozamz City, is 40 years old, married, and has six adult-aged children. To make a living, Melanio owns and operates a business providing motorcycle transport services in the local community. Engaged in his business for over 3 years, he earns approximately 20000 PHP a month.



In 2009, Melanio joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Having repaid his previous loan of 20000 PHP from GDMPC, he is now requesting a new loan, his third, of 30000 PHP to repair an existing vehicle for better service. Melanio plans to use the additional revenue generated from the business to improve his family's general living conditions.



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 Partners 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
  • 1363
    View loans »
    Philippines Loans Fundraising
  • $56,534,775
    Funds lent in using Kiva
  • 46.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Melanio to repair an existing vehicle for better service.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 28, 2010
Listed
Jun 7, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011