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Jennifer
Jennifer, of Calamba, Misamis Occidental, supports her family through nipa (hut weaving business). She is 20 years old, married with one child, and tries her best to earn on her own.

For 3 years she has managed this business and earns about 4,000 PHP per month. For the time being, she needs to buy raw materials such as straw, bamboo sticks, etc.

She joined in 2012 and thanks GDMPC microfinance for the loan of 7,000 PHP they provided to her.

Jennifer desires to improve her business in the future.

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
  • 1087
    View loans »
    Philippines Loans Fundraising
  • $57,639,825
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Jennifer to buy raw materials needed for her business such as straw, bamboo sticks, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 19, 2013