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Abelito
Abelito is a 29-year-old resident of Tonggo, Tudela. Abelito supports his family's needs with the little amount of 3,100 Philippine pesos (PHP) that he makes monthly from his gardening business. He has been in this business for two years. However, this year he's been a member of GDMPC, and he applied for a loan of 10,000 PHP to purchase additional seeds, seedlings and young plants to raise. Abelito wants to expand his business one day.

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
  • 1519
    View loans »
    Philippines Loans Fundraising
  • $59,096,650
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Abelito to purchase additional seeds, seedlings and young plants for his gardening business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013