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James
James S. is from the village of Poblacion, Pana-on, Misamis Occidental. He is 55 years old. James is married and has one grown child.

To make a living, James owns and operates a tricycle transport service. He has been engaged in his business for over four years and earns approximately 2,500 PHP a month.

In 2008, James joined GDMPC to gain access to financial services to help improve his business and living situation. James has successfully repaid a previous loan from GDMPC. He is requesting a new loan of 15,000 PHP, which will be used to purchase tires and other accessories. This will be the fourth loan taken out by James from GDMPC. He plans to use the additional revenue generated from the loan to improve and expand his business.

About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has seven branches 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
  • 286
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped James to purchase tires and other accessories.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 26, 2011
Listed
Mar 8, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011