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Vicent Cyril
Vicent Cyril, aged 40, is a widower from Digson, Bonifacio who has three children. He is an entrepreneur and earns income from his transport service business. Vicent Cyril started his business almost two years ago and he earns 10,000 PHP a month.

To improve his business, he is borrowing 25,000 PHP from GDMPC microcredit which he joined recently. He will use the loan to buy motorcycle accessories and tires. Vicent Cyril is hopeful of the possibility of expanding his business before long.

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
  • 269
    View loans »
    Philippines Loans Fundraising
  • $53,057,200
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Vicent Cyril to buy motorcycle accessories and tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Dec 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013