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Tessie
Tessie is 47 years old and lives in Jimenez, Misamis Occidental. She is married with four children. Tessie runs a retail store at home. She has been in business for 11 years and earns about 3,000 PHP a month from store operations. She has requested a loan of PHP 5,000 from GDMPC to buy items such as milk, diapers, food products, etc. She joined the GDMPC in 2011. In the future, Tessie hopes to obtain a good return from this investment and acquire enough revolving funds for the 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
  • 1293
    View loans »
    Philippines Loans Fundraising
  • $57,926,225
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Tessie to buy items such as milks, diapers, food products, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013