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Benedicta
Benedicta is 45 years old and married with four children. She is from Villalin, Pana-on, Misamis Occidental in the Philippines. Benedicta owns and operates a transportation business, providing transportation services to local community members. She has been in the business for one year and earns 5,000 PHP per month.

In 2011, Benedicta joined Kiva partner GDMPC to access financial services to improve her living situation and ability to engage in business activities. She requests a loan of 30,000 PHP to purchase tires and other accessories for her transportation business. Benedicta plans to use the additional revenue generated from the business to improve and expand her 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
  • 1238
    View loans »
    Philippines Loans Fundraising
  • $57,815,050
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Benedicta to purchase tires and other accessories for her transportation business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2011
Listed
Jan 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013