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Gemma
Gemma, of Lower Tiparak, Oroquieta, helps her family by providing services such as cake baking for birthdays and other occasions. She’s a 46-year-old married mom with 1 child, who tries her best to earn on her own. For 11 years, she has managed this business. She earns about PHP 16,000 per month. For the time being, she’s needs to buy more equipment for her business. She joined this year and thank GDMPC microfinance for the loan of PHP 20,000 it provided to her. Gemma desires to improve her business in the future.

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
  • 1404
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Gemma to buy more equipment for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013