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Planting bananas can be pursued as small-scale farming, as a source of food and feeds for the animals, and as additional income for the family. For the past two years, Teresita, a 45-year-old married mother of seven children in Tinacla-an, Clarin, Misamis Occidental, has been involved in banana production as a source of income. Earning approximately PHP 4,000.00 each month, she is requesting a loan of PHP 5,000.00 from GDMPC to buy planting materials and fertilizer for banana production.

Teresita, a new member of GDMPC, dreams of someday having a banana plantation with the help of God and GDMPC.

Additional Information


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
  • 684
    View loans »
    Philippines Loans Fundraising
  • $63,147,100
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Teresita to buy planting materials and fertilizer for banana production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 10, 2011
Jun 18, 2011
Currency Exchange Loss:
Jan 15, 2012