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Mechel
Mechel is 17 years old. She is from Lopez Jaena, Misamis Occidental, Philippines. She is a single lady who has engaged in business at a very young age. Mechel has been vending food items for 2 years. It is her own simple way of making a living and somehow, support her studies. A monthly earning of 2,500 PHP from this activity is quite enough to provide her school needs.

Mechel joined GDMPC earlier this year. She has requested a loan of 5,000 PHP to purchase food items to vend, like ripe bananas. Mechel hopes to own a food stall in the town market in the future and finish a business course in a reputable university.

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
  • 1011
    View loans »
    Philippines Loans Fundraising
  • $54,441,200
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Mechel to purchase food items to vend, like ripe bananas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2011
Listed
Aug 7, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012