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Cerila
Cerila, who is 46 years old, is a married entrepreneur of Poblacion 4, Clarin, with five children.

She has a transport service business. It started almost two years ago, and she now earns PHP 6,000 a month.

To improve business, she is borrowing PHP 20,500 from GDMPC micro-credit, which she just joined last 2011, to obtain accessories and tires.

Before long, she’s hopeful of the possibility of expanding her business.

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
  • 1311
    View loans »
    Philippines Loans Fundraising
  • $57,951,825
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Cerila to obtain accessories and tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 3, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013