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Marcela
Marcela is 53 years old. She is married and has five children. To make a living, Marcela runs a general store, selling a variety of food and home-use products in the local community. She has been in her business for 12 years and earns about 20,000 PHP a month. Marcela is requesting a loan of 25,000 PHP, which will be used to purchase additional products to sell like canned goods, soap, coffee, sugar, and rice. In 2009, she joined GDMPC to gain access to financial services to help improve her business and living situation. She plans to use the additional revenue generated from the loan to save as a reserve for future emergencies.

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
  • 1234
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Marcela to purchase additional products to sell like canned goods, soap, coffee, sugar and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013