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Vergenia
Vergenia is from Poblacion 2, Clarin, Misamis Occidental. She is 46 years old, married and has one child.

To make a living, she owns and operates a business venture, providing contract sprayer services to local community members. She has been engaged in her business for 10 years and earns 10,000 a month for these activities.

In 2004, Vergenia joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Vergenia is requesting a new loan of 50,000 PHP which will be used to purchase materials needed to expand the sprayer services provided. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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

  • $1175
    Average annual income
  • 424
    View loans »
    Philippines Loans Fundraising
  • $52,697,300
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Vergenia to purchase materials needed to expand sprayer services provided.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 5, 2012
Listed
Jan 9, 2012
Currency Exchange Loss:
Possible
Ended:
May 15, 2012