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Richel
Richel is a 29-year-old married woman with two children who lives in Gata Diot, Clarin, Misamis Occidental, Philippines.

Richel owns and operates a general store, selling a variety of different products to earn a living; she's been in this business three years. Each month, she earns 5000 PHP doing this type of business. She requested a loan of 10000 PHP to purchase new items to expand her product offerings.

In 2010, Richel joined GDMPC to gain access to financial services to help improve her business and living situation. In the future, Richel wants to build a house and wants her children to finish their studies.

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
  • 272
    View loans »
    Philippines Loans Fundraising
  • $53,057,200
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Richel to purchase new items to expand her general store's product offerings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 4, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012