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Raymundo is from Lapasan, Clarin. He is 52 years old, separated and has two children. Raymundo owns and operates a transportation service. He has been engaged in his business for five years and earns 7,000 PHP a month. In 2009, Raymundo joined GDMPC. He is requesting a loan of 10,000 PHP which will be used to repair his vehicle to improve his service. He plans to use the additional revenue generated to improve the general living conditions of his family.

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
  • 1444
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Raymundo to repair his vehicle to improve his service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 22, 2012
Sep 11, 2012
Currency Exchange Loss:
Mar 15, 2013