PhilippinesServicesFunding via Gata Daku Multi-purpose Cooperative (GDMPC)
PhilippinesServicesFunding via Center for Community Transformation Credit Cooperative, a partner of HOPE International
PhilippinesServicesFunding via Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International
Update on TeofilaTeofila is 27 years old and lives in Aurora, Zamboanga del Sur, Philippines. She is married with two children. Teofila used her last loan to obtain more ready to wear clothing to sell. Her business has grown and become successful. Now, she's taking a new loan for her sewing business, to buy sewing materials such as textiles, threads, etc. Positively, she hopes to be able to grow her business more.
Previous Loan DetailsTeofila is 26 years old. She is married with two school-aged children. The family is living in Aurora, Zamboanga del Sur, Philippines. She is buying and selling RTW (ready to wear clothing) in her locality and adjacent places to earn a living. She has been working on this for over three years. Wh... More from Teofila's previous loan »
About GDMPCGata 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.
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Success!! The loan was 100% repaid