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Richard
Richard is married and has three children. He is 38 years old and lives in Panduma, Tukuran, Zamboanga del Sur, Philippines. Richard runs a rice retailing business to earn a living. He has been doing this for 11 years and every month he earns 14,000 PHP. He has requested a loan of 40,000 PHP to purchase additional rice to retail. In 2011, Richard joined GDMPC. Richard hopes 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

  • $1175
    Average annual income
  • 481
    View loans »
    Philippines Loans Fundraising
  • $51,011,175
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Richard to purchase additional rice to sell.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2013
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014