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Marivic
Marivic is a resident of Oroquieta City, Misamis Occidental, Philippines. She is 42 years old and a single mom of one school-aged child.

Marivic operates a small food stall in her hometown for subsistence. She sells mostly snack items like checheria and candies, and some cigarettes and crispy sliced mangoes. She has been selling these goods for over ten years. She usually gets her daily expenses met from the business profits. At the end of each month, she is able to get 5,000 Philippine Pesos (PHP).

Marivic has requested a loan of 7,000 PHP from GDMPC to buy additional snack items to sell. This is her first time borrowing from the cooperative and she hopes to borrow some more in the future.

Marivic plans to expand and improve the business to gain more income and prepare for the education of her child.

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
  • 1145
    View loans »
    Philippines Loans Fundraising
  • $54,566,475
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Marivic to buy additional snack items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012