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Carmelo
Carmelo is 39 years old and lives in Carmen annex, Ozamis City, Misamis Occidental, Philippines. He is married and a father of four school-age children.
Carmelo is a motorcycle taxi driver. He owns and operates a business providing passenger services. He has been in this business for ten years. He earns PHP 4,000 a month from these activities.

He has requested a loan of PHP 20,000 at GDMPC to purchase a second-hand motorcycle. Carmelo has been member of GDMPC for one year. In the future, Carmelo hopes to expand his services and gain more income.

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
  • 261
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Carmelo to purchase a second-hand motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 8, 2011
Listed
Jul 16, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012