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Virgelio
Vergelio is from Jimenez, Misamis Occidental. He is 33 years old, married, and has three children. To make a living, Vergelio operates a family member's business providing motor transport services. He has been engaged in this business for six years and earns 4,000 PHP a month for these activities. In 2012, Vergelio joined GDMPC. He is requesting a new loan of 5,000 PHP, which will be used to repair an existing vehicle for better service. He plans to use the additional revenue generated from the business 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
  • 472
    View loans »
    Philippines Loans Fundraising
  • $51,043,600
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Virgelio to repair an existing vehicle for better service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013