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Ronaldo
Ronaldo P. is from the village of Doña Consuelo Ozamiz City. He is 43 years old and married with six school-aged children. To make a living, Ronaldo operates a tricycle transport "motorcab" services. Ronaldo has been engaged in his business for over two years and earns approximately 10000 PHP a month.

In 2010, Ronaldo joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. He is requesting a loan of 15000 PHP to repair his vehicle for better service. This will be the first loan taken out by Ronaldo 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 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

  • $1175
    Average annual income
  • 1376
    View loans »
    Philippines Loans Fundraising
  • $56,546,075
    Funds lent in using Kiva
  • 45.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ronaldo to repair his vehicle for better service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2010
Listed
Aug 7, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011