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Merlyn
Merlyn is separated and a mother of one dependent. She is 54 years old and lives in Nacional, Jimenez. Merlyn owns and operates a motorcycle transport business. She established the motorcycle transport business as a way of generating extra income of 4,600 PHP (Philippines pesos) per month. She has been engaged in this type of service for two years.

Merlyn requested a loan of 10,000 PHP from GDMPC. She intends to use the money from the loan to purchase motorcycle spare parts and accessories. Merlyn became a member of GDMPC in 2012. In the future, Merlyn wants to purchase more motorcycles to use in her 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

  • $1175
    Average annual income
  • 299
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Merlyn to purchase motorcycle spare parts and accessories.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014