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Esther

Update on Esther

Esther is married with 3 children. She is 52 years old and lives in the Philippines.

Esther operates a service-based business to earn a living, providing transportation services to local community members. She has been doing this for 4 years and every month she earns 7,000 PHP from this work. She has requested a loan of 50,000 PHP to repair her existing vehicle for better service.

Esther has been a member of GDMPC for 5 years. In the future, Esther hopes to finish the study of her children and to gain double the income from her business.

Previous Loan Details

Esther is a 52-year-old married lady. She is an excellent mother of her four adult-aged children. Esther established a buy and sell business eight years ago. Then she established a new additional business: a motorcycle with sidecar. She has been engaged in this business for five years with a mon... More from Esther's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 1258
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Esther to repair her existing vehicle for better service.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 1, 2011
Listed
Dec 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012
This photo was used before for a previous loan for Esther. It was first posted on Kiva on Jun, 2011. Learn More