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Randy
Randy S. is from the village of Nailon Tudela Misamis Occidental. He is 37 years old. Randy is married with three school-aged children. To make a living, Randy owns and operates a passenger van service. Randy has had his business for over two years and earns approximately 8000 PHP a month.

In 2010, Randy joined GDMPC to gain access to financial services to help improve his living situation and business. Randy has successfully repaid a previous loan from GDMPC. Randy is requesting a new loan of 12800 PHP which will be used to repair his passenger van for better service. This will be his second loan from GDMPC. He plans to use the additional revenue to improve his family's living conditions.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units of 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
  • 1296
    View loans »
    Philippines Loans Fundraising
  • $56,301,400
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Randy to repair his existing vehicle for better service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011