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Rechel
Rechel is from Lapinig, Kapatagan, Lanao del Norte. She is 30 years old. Rechel is married and has three children.

To make a living, Rechel is running a general store, selling a variety of food and home products in the local community. Rechel has been in her business for 8 years and earns 2,000 PHP a month from these activities.

Rechel is requesting a loan of 4,000 PHP, which will be used to purchase new items to expand her product offering. In 2010, Rechel joined GDMPC to gain access to financial services to help improve her business and living situation. She plans to use the additional revenue generated from the loan to save as a reserve for future emergencies.

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
  • 1240
    View loans »
    Philippines Loans Fundraising
  • $57,816,050
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Rechel buy products for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012