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Virne
Virne, 30 years old, is a married entrepreneur living in San Roque, Panaon with 3 children. He is earning income from his transport service business. He has been in business for almost 3 years now and he earns PHP 6,000 per month. To improve business, he would like to borrow PHP 10,000 from GDMPC Microcredit which he just joined recently to obtain accessories and tires. Before long, he’s hopeful that he will be able to his business.

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
  • 1484
    View loans »
    Philippines Loans Fundraising
  • $59,409,725
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Virne to obtain accessories and tires.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013