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Franz Josef
Franz Josef, 25 years old, is a single entrepreneur of Sta. Cruz, Jimenez, with a child. He is earning income from his transport service business. It started almost 3 years ago now, and he earns 6,000 Philippine pesos (PHP) a month. To improve the business, he borrowed 20,000 PHP from GDMPC, which he just joined recently, to obtain accessories and tires. Before long, he’s hopeful of the possibility of expanding his 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
  • 1495
    View loans »
    Philippines Loans Fundraising
  • $59,200,750
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Franz Josef to obtain accessories and tires.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013