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Arsenio, 49 years old, is a married entrepreneur of Sinacaban, Misamis Occidental with 3 children. He is earning from his transport service business. It has been started for almost 3 years now and he earns 6,000 PHP a month. To improve business, Arsenio borrows an amount of 50,000 PHP from GDMPC micro credit, which he just joined recently, to obtain accessories and tires. Before long, he’s hopeful of the possibility of expanding his business.

Additional Information


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
  • 980
    View loans »
    Philippines Loans Fundraising
  • $63,408,725
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD
A loan of $1,175 helped Arsenio to obtain accessories and tires.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 11, 2012
Jun 5, 2012
Currency Exchange Loss:
Jul 5, 2012