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Rey
Rey is 36 years old, married, and has 1 child. He lives in Clarin, in Misamis Occidental. He owns and operates farmland, planting and harvesting coconuts to earn a living. He has been in his business for over 5 years and earns 15,000 PHP every month. He joined GDMPC in 2009, and now he has requested a loan of 20,000 PHP to purchase chemicals for coconut production. He plans to use the additional revenue generated from the business to improve and expand it.

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
  • 1423
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rey to purchase chemicals for coconut production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 25, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013