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Monico
Monico is 59 years old and married with six children. He lives in Jimenez, Misamis Occidental. He owns and operates a motorcycle transport business to earn a living. He has been in his business for over eight years and earns 8,000 PHP (Philippines pesos) every month.

He joined GDMPC in the year 2011, and now he has requested a loan of 10,000 PHP to purchase spare parts 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
  • 1132
    View loans »
    Philippines Loans Fundraising
  • $54,578,425
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Monico to purchase spare parts for better service.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 25, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014