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Laurente
Laurente is from the village of Gata Daku, Clarin, Misamis Occidental. He is 43 years old. Laurente is married and has four school-aged children.

To make a living, Laurente owns and operates a motorcycle transport service. Laurente has been engaged in his business for over one year and earns approximately 12,000 PHP a month for these activities.

Laurente is requesting a loan of 45,000 PHP which will be used to purchase an additional motorcycle.

In 2004, Laurente joined GDMPC to gain access to financial services to help improve his business and living situation. He plans to use the additional revenue generated from the loan to improve and expand his business.

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
  • 1272
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Laurente to purchase an additional motorcycle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 12, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013