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Teresita
Teresita is from Sepac, Sapang Dalaga, Misamis Occidental. She is 62 years old, widowed and has two adult children.
To make a living, Teresita sells a variety of food and home use products in the local community. She has been engaged in this business for three years and earns 3,000 PHP per month from these activities.
In 2010, Teresita joined Kiva partner GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She is now requesting a loan of 8,401 PHP, which will be used to purchase new items to expand her product offering. She plans to use the additional revenue generated from the business to supplement her family's 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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Teresita to purchase new items to expand her product offering.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013