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Rhoda
Rhoda C. is from the village of Tabo-o, Jimenez, Misamis Occidental. She is 57 years old. Rhoda is married and has nine adult children. To make a living, Rhoda owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting rice for sale. Rhoda has been engaged in her business for over six years and earns approximately 5,000 PHP a month for these activities.

In 2009, Rhoda joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rhoda has successfully repaid a previous loan of 10,000 PHP from GDMPC. This previous loan was used as additional capital for her business. Rhoda is requesting a new loan of 10,000 PHP which will be used to purchase fertilizers such as manure. This will be the fourth loan taken out by Rhoda from GDMPC. 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 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 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
  • 1008
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rhoda to purchase fertilizers such as manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 19, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011