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Mario
Mario, aged 41, is a married entrepreneur with five children who lives in Tinacla-an, Clarin. He earns his income from banana production. Mario started this business almost five years ago and earns 6,000 PHP a month.

To improve his business, Mario is borrowing 8,000 PHP from GDMPC micro-credit which he recently joined. He will use the loan to purchase fertilizers such as manure. Before long, he’s hopeful of the possibility of expanding 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

  • $1175
    Average annual income
  • 348
    View loans »
    Philippines Loans Fundraising
  • $52,140,475
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Mario to purchase fertilizers such as manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013