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Madelin
Madelin S., from the city of Barangay 6 Tangub City, is 48 years old, married and has five grown children. To make a living, Madelin owns and operates a motor transport service. Engaged in her business for over 10 years, she earns approximately 2000 PHP a month.



In 2010, Madelin joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Now requesting her first loan for 5000 PHP to repair her existing vehicle for better service, she plans to use the additional revenue generated from the business to improve the general living conditions of her 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
  • 357
    View loans »
    Philippines Loans Fundraising
  • $50,957,200
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Madelin to repair existing vehicle for better service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 15, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011