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Allen, 43 years old, is a single entrepreneur from Magcamiguing, Calamba. He is earning from his transport service business. It started almost two years ago, and he now earns 6,000 PHP (Philippines pesos) a month.

To improve business, Allen is borrowing the amount of 20,000 PHP from GDMPC microcredit, which he just joined recently, to obtain accessories and tires. Before long, he’s hopeful of the possibility of expanding his business.

Additional Information


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
  • 2089
    View loans »
    Philippines Loans Fundraising
  • $61,204,950
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Allen to obtain accessories and tires.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 8, 2013
Jan 10, 2013
Currency Exchange Loss:
Feb 17, 2014