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Teresita
Teresita is a 47-year old married woman with 7 children living in Tinacla-an, Clarin. In order to increase her family's income, she entered into a buying and selling business which she started 8 years ago. She usually gets 5,000 PHP per month. With the help of GDMPC microcredit, Teresita will be able to buy products to sell with the 8,000 PHP loan rendered to her. She joined GDMPC in 2011. Someday, she’s hoping for much greater revenue that she will use to expand 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
  • 1312
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Teresita to buy products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 27, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013