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Vicente
Vicente, forty years old, is a married entrepreneur with five children, from Balintawak, Aurora, in the Philippines. He earns a living from his transport service business. He has been in business for almost two years now and earns 6,000 PHP a month. To improve his business, Vicente is borrowing the amount of 10,000 PHP from GDMPC Microcredit, which he joined just last year (2011) to obtain accessories and tires. He is hopeful for the possibility to expand his business before long.

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
  • 1249
    View loans »
    Philippines Loans Fundraising
  • $57,827,400
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Vicente to obtain accessories and tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013