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Maria
Maria is from Aurora, Zamboanga del Sur, Philippines. She is 40 years old, married, and has 7 dependents. Her husband is a fisherman. To make a living, she is engaged in manufacturing lampkanay products. Lampkanay is a firm aquatic herb that is used to make mats, ropes, baskets and other braided furniture. Her business has existed for over 6 years until the present time and she now earns a total of PHP 5,000 a month.

Maria aims to access financial services, which she has realized since 2010 with Gata Daku MPC. She applied for a loan of PHP 7,000 to obtain adequate raw materials for weaving. This is her 2nd loan borrowed from the cooperative. She hopes to produce the best output from this investment and earn more income for her family. Maria is looking forward to expanding her business and developing attractive and durable products to offer.

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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $52,187,100
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Maria buy raw materials for weaving.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Aug 27, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012