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Jeanny
Jeanny is 29 years old and from Clarin, Misamis Occidental, Philippines. She is a single lady who has been able to manage corn production. It was hard for Jeanny at first to cope with it, but by and by, she got to love it. Now she is interested in doing the job assigned. She has been told by her parents to manage the agricultural business of the family in order to practice and enhance her skills in running a business. A successful entrepreneur starts small. Every month, she gets an estimated total of PHP 10,000.

Earlier this year, Jeanny joined GDMPC to be able to use financial services. Her first loan of PHP 12,000 will be used to compensate labor costs for weeding and for the purchase of some fertilizers. She expects to reap a good harvest and will invest in business expansion from the expected revenue to be generated.

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
  • 1460
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jeanny to pay for labor costs for weeding and to buy some fertilizers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012