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Rayneldo
Rayneldo is a widow with 4 children. Rayneldo is 49 -years-old and lives in the Philippines.

Rayneldo is operating a service-based business providing transportation services to local community members to earn a living. He has been doing this for 5 years and every month he earn 6,000 PHP from this work. He has requested a loan of 15,000 PHP to repair the existing vehicle for better service.

Rayneldo is a new member of GDMPC. In the future Rayneldo hopes to finish educating his children and to gain double income out of 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

  • $1175
    Average annual income
  • 301
    View loans »
    Philippines Loans Fundraising
  • $52,079,175
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rayneldo to repair existing vehicle for better service.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013