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Lourdes
Lourdes is 62 years old and is married with five children. She is from Clarin, Misamis Occidental. For the past five years, she has run a retail store where she sells personal products in the local community. She earns 10,000 PHP each month. Lourdes joined GDMPC in 2006 to gain access to financial services to help improve her living situation and ability to engage in business activities. Lourdes is requesting a 20,000 PHP loan to purchase new items to expand her product offering. She plans to use the additional revenue generated with her loan to improve the general living conditions of her family.

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

  • $1175
    Average annual income
  • 1028
    View loans »
    Philippines Loans Fundraising
  • $54,528,050
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lourdes to purchase new items to expand her product offering.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013