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Marylo
Marylo is 48 years of age and married. She lives in Oroquieta City, Misamis Occidental, Philippines, together with her three children.

Marylo owns and operates a motorcycle transport business for a living. Her spouse is working abroad, trying to give a better life and education to his children. But the everyday needs of the family are taken from the vehicle's income.

She has been engaged in this activity for three years and earns 5,000 Philippines pesos (PHP) a month. She has requested a loan of PHP 35,000 to purchase vehicle tires and other spare parts in order to pursue business operations immediately.

Marylo has been a member of GDMPC since 2010. This is the second loan request made by Marylo in the cooperative.

Marylo is hoping to retain this business engagement for long, long years and expand its seating capacity to earn a greater 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

  • $7,000
    Average annual income
  • 1086
    View loans »
    Philippines Loans Fundraising
  • $57,648,050
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Marylo to purchase vehicle tires and other spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012