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Merenciana
Merenciana is from Pantaon Ozamiz City. She is sixty-one years old. Merenciana is married and has three children. To make a living, Merenciana raises crops, planting and harvesting bananas to sell. Merenciana has been in her business for eleven years and earns 3,000 PHP a month from these activities.

In 2008, Merenciana joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Merenciana is requesting a loan of 6,000 PHP to purchase fertilizers such as manure and to pay for the labor cost of farm maintenance. She plans to use the additional revenue generated from the business to improve her family's general living conditions.

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
  • 312
    View loans »
    Philippines Loans Fundraising
  • $50,697,350
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Merenciana to purchase fertilizers such as manure and to pay for the labor cost of farm maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012