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Simplicio
Simplicio is 59 years old and separated with two children. He lives in Kahayagan East, Aurora. For the past 13 years, Simplicio has operated a food vending business. Simplicio uses his motorcycle to deliver his food and earns a monthly income of 15,000 PHP. He joined GDMPC in 2011.

Simplicio is requesting a 40,000 PHP loan to purchase raw ingredients needed to make food products to sell. He plans to use the profit from his loan to improve the general living conditions of his family.

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
  • 1177
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Simplicio to purchase raw ingredients needed to make food products to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013