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Loreto
Loreto is married, with five children. He is 54 years old and lives at Deboloc, Plaridel.

Loreto raises crops for a living. He plants and harvests coconut for sale in the local community. He has been in this business for three years. Each month, he earns PHP 10,000 doing this type of business. He requested a loan of PHP 16,368 to purchase fertilizers, such as manure.

In 2011, Loreto joined GDMPC. In the future, Loreto wants to save as a reserve for emergencies and to purchase more farm land.

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
  • 1439
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Loreto to purchase fertilizers such as manure for raising coconut.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Jul 26, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013