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Ianrocel, 34 years old, is a single entrepreneur of Sto. Niño, Tukuran, and is earning income from his business of buying and selling rice. It has been almost three years now and he earns 20,000 a month.

To improve business, he wants to borrow the amount of 30,000 from GDMPC microcredit, which he just joined recently to obtain more sacks of rice to sell. 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
  • 1801
    View loans »
    Philippines Loans Fundraising
  • $60,886,450
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ianrocel to obtain more sacks of rice to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 25, 2012
Aug 16, 2012
Currency Exchange Loss:
Feb 15, 2013