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Nenencia
Nenencia, a 49-year-old married mother of three grown children, is from Carmen Annex, Ozamiz City where for over 30 years she has been making and selling ice cream in the local community. She earns approximately 9,000 PHP a month.



In 2008, Nenencia joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Having repaid a previous loan of 20,000 PHP from GDMPC, she is requesting a new loan of 15,000 PHP to purchase a container for her ice cream cart. This will be her sixth loan taken out from GDMPC, and she plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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
  • 1156
    View loans »
    Philippines Loans Fundraising
  • $54,677,625
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Nenencia to purchase a container for her ice cream cart.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012