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Shiella Mae

Update on Shiella Mae

Shiella Mae is 22 years old and lives in Aurora, Zamboanga del Sur, Philippines. She is married and has three children. Shiella Mae used her last loan to expand her production of fish. She reaped a good harvest and that's made her become successful.

As to prove it's success, she's been able to raise crabs. Now, she's taking a new loan to purchase additional fish and crabs to raise. Positively, she hopes to be able to further grow up her business.

Previous Loan Details

For the past six years Shiella Mae, a 22-year-old married resident of Aurora, Zamboanga del Sur, Philippines, has raised a variety of of fish to sell in the town market and on an individual order basis. Along with other irregular sources of income, she earns PHP 15,000 a month. Shiella Mae i... More from Shiella Mae'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
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Shiella Mae to purchase additional fish and crabs to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013