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Esther
Esther is a 52-year-old married lady. She is an excellent mother of her four adult-aged children. Esther established a buy and sell business eight years ago. Then she established a new additional business: a motorcycle with sidecar. She has been engaged in this business for five years with a monthly income of PHP 15,000. To develop her business further, she requested a loan of PHP 50,000 from GDMPC to purchase a brand new motorcycle.

Esther has been a member in good standing of GDMPC for four years. In the future, Esther wants to become a businesswoman who owns a transportation service business.

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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Esther to purchase a brand new motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 10, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012