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Randy
Randy is a 39-year-old married man. He lives in Plaridel, Misamis Occidental, Philippines together with his three school-aged children and wife.

For the past five years, Randy has spent ample time attending to the general store he owns. He sells various goods, basic commodities, school and office paraphernalia in the local community. He runs the business with faith and dedication. Each month, he gets a total of PHP 6,000 from his store. Because he aims to prosper, Randy has requested a loan of PHP 35,000 from GDMPC to invest in expanding the store inventory.

Randy joined GDMPC in 2010. This is his fifth loan from the cooperative. In the future, he aspires for a gradual business improvement and expansion to cover every day consumptions and his children's school fees.

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
  • 500
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Randy to purchase more inventory for his store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 1, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012