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Antonio
Antonio is 60 years old and lives in Puntod, Lopez Jaena, Misamis Occidental, Philippines. He is married and has 2 adult children. To earn a living, Antonio operates a specialized retail store which sells assorted products. He has owned this business for 20 years and earns PHP 20,000 per month. But Antonio not content with this amount of income per month. He wants to add more stocks to his grocery store to increase his sales. So, he has requested a loan of PHP 50,000 from GDMPC to buy additional stocks to sell to multiply his income each month.

Antonio has been a member of GDMPC for 3 years. In the future, he wants to expand his current retail store and open a larger grocery store in the city.

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
  • 1642
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Antonio buy additional stocks to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 11, 2011
Listed
Jun 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012