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Leonico
Leonico lives in Bliss, Lapasan, Clarin, Misamis Occidental. He makes a living by providing transportation services, which he has done for ten years to support the needs of his three children. Leonico earns a monthly income of 15,000 PHP from this business.

For a 65-year-old father, there’s nothing more that can make him happy except to see his children successful in their studies. Without hesitation, Leonico borrows 23,000 PHP from GDMPC microcredit to repair his transport vehicle used in his business, and to provide his children with a better education.

Leonico became a part of GDMPC in 2010. His plan for the future is to hopefully improve his 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

  • $7,000
    Average annual income
  • 1427
    View loans »
    Philippines Loans Fundraising
  • $59,280,625
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Leonico to repair his transport vehicle used in his business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 25, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014