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Ricardo
Ricardo is married with 4 children. He is 55 years old and lives in Romarate, Aurora. To earn a living, Ricardo operates a business venture planting and harvesting bananas to sell. He has been in business for 4 years. Each month he earns 12,000 PHP doing this type of work. He has requested a loan of 50,000 PHP to purchase fertilizer such as manure. Ricardo been a member of GDMPC since 2008. In the future, Ricardo hopes to expand his business to continue to meet daily needs.

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
  • 1282
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Ricardo to purchase fertilizer such as manure.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013