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Rafaela
Rafaela is a 64-year-old married woman with three children, living in Tangub City, Misamis Occidental. She owns and manages a fishing business, and sells fish in the local village to make a living. Rafaela has run her business for over ten years, and makes around 7,000 Philippines Pesos (PHP) a month.

Rafaela joined GDMPC in 2009, and she is now asking for a loan of 10,500 PHP to buy fishing equipment such as hooks and nets. She plans to use the extra revenue generated to improve and expand 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
  • 308
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Rafaela to buy fishing equipment such as hooks and nets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013