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Josephine
Josephine is from Eastern Poblacion, Lopez Jaena. She is 37 years old, married and has 5 children. To make a living, Josephine owns and operates a furniture manufacturing business. She has been in this business for 10 years and earns 16,000 PHP a month. Recently Josephine joined GDMPC, and she is now requesting a loan of 35,000 PHP, which will be used to purchase raw materials to manufacture new products and to pay for the cost of labor. She plans to use the additional revenue generated from the business to improve her family's general living conditions.

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
  • 629
    View loans »
    Philippines Loans Fundraising
  • $53,351,650
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Josephine to purchase raw materials to manufacture new products and to pay for the cost of labor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 30, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013