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Marlon
Marlon B. is from the village of Palilan, Jimenez, Misamis Occidental. He is 31 years old. Marlon is married and has an infant. To make a living, Marlon owns and operates a business which provides transportation services. Marlon has been engaged in his business for over four years and earns approximately 2,000 PHP a month from these activities.

In 2010, Marlon joined GDMPC to gain access to financial services to improve his living situation and ability to engage in business activities. Marlon is requesting a new loan of 5000 PHP, which will be used to purchase tires and other accessories. This will be Marlon's first loan from GDMPC. He plans to use the additional revenue generated from the business to improve/expand his business.

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

  • $7,000
    Average annual income
  • 1311
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marlon to purchase tires and other accessories.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011